If you're a Northern Territory (NT) business, you may be eligible to apply for funding to develop or expand your value-add capabilities.

This $500,000 grant program supports projects that align with one or more of the 52 opportunities identified in the Assessment of Value Add Opportunities across the Northern Territory Agribusiness Sector report.

Value adding opportunities were broadly defined in the report's Executive Summary to include any steps likely to increase the gross value of agribusiness production (GVP), including a production improvement, an input or logistics improvement, a marketing activity or some form of processing. 'Value' may be an increase in production volume, an increase in unit value, a decrease in unit cost, an increase in enterprise return, an increase in Territory production or employment.

Eligible businesses can apply for up to 50 percent co-contribution to a maximum of $50,000.

This competitive grant program offers 2 streams of support to assist businesses to undertake activities that align with the report:

Stream 1 - Funding for projects, including service provision, capital items and/or installation.

Stream 2 - Capital works funding for one-off projects including construction of new facilities, extension to or upgrading of existing facilities.

You can apply if you:

• are a Primary Producer or engaged in a linked industry
• are a Territory Enterprise; and
• hold a valid Australian Business Number (ABN);
• are financially stable and solvent.

• Phone: 1800 193 111
• Email: businessprograms.DITT@nt.gov.au