Forestry Recovery Development Fund Program

Overview

The Australian Government is inviting applications from privately owned wood processing facilities that were impacted by the 2019-20 bushfires, in a restricted competitive process, to apply for a grant under the $40 million Forestry Recovery Development Fund Program.  Through competitive grants of between $1 million and $5 million, the Forestry Recovery Development Fund Program will strengthen industry and government cooperation to upgrade and secure forestry processing assets while safeguarding and creating jobs in forestry communities. The objectives of the program are: deliver funding to privately owned wood processing facilities that have been directly or indirectly impacted by the 2019-20 bushfires, and enable wood processing facilities to develop new processing lines for their business, including upgrades to existing facilities and technologies, and new facilities that complement existing activities. The intended outcomes of the program are: support industry to adopt smarter, more efficient practices in product processing and forestry operations, and provide for regional jobs and support regional communities.