Accelerate Adoption of Wood Processing Innovation Program

Overview

The Australian Government is inviting wood processing facilities via a restricted process to apply to deliver services under the Accelerate Adoption of Wood Processing Innovation Program (the program). Funding will be from 2022–23 to 2025–26 for projects which will make better use of existing timber supplies, add value to existing products, create new products, or reduce the industry’s carbon footprint.  The objectives of the program are to: fund privately owned wood processing facilities to increase and/or diversify production capabilities or capacity. For example, the ability to process smaller logs or install new technology to create new products allow greater use of Australia’s sustainably managed timber support the forestry and wood processing industries to continue to reduce their carbon footprint. The intended outcomes of the program are: the adoption of smarter, more efficient practices in wood processing increased processing capabilities in Australia  retention or creation of regional jobs and support for regional communities.