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Funding to grow SE forest and wood industry

SOURCE:Minister Leon Bignell  Minister for Forests
 
The State Government has advised that they will be rolling out $10.46 million in grant funding to build a sustainable and productive forest and wood products industry in the state’s South East.
The funding is the second phase of the $27 million South East Forestry Partnerships Program (SEFPP), which is designed to stimulate investment by new or existing wood processors in the region, they said.
Forests Minister, Leon Bignell said the program was designed to transform and increase opportunities for the industry and secure jobs in the South East.
“The grants are being provided on the basis of at least $1 of applicant contribution to each $1 of government funding so the total regional investment for this second phase will be more than $20 million,” he said.
“This funding will drive capital investments, innovation and upgrades by new or existing businesses in the forestry and timber businesses in the South East,” he said.
“It will support the development of innovative new products and technologies to increase sales volume and log throughput, making the entire forestry supply chain in the South East more sustainable.”
Mr Bignell said at least $36 million of public and private funding has been invested in the forest processing sector since the first phase of the SEFPP was launched in November 2012.
“The new funding phase will support projects which align with recommendations of the Stage Two report of the Cellulose Fibre Value Chain Study, which outlined a short, medium and long-term vision for a thriving forestry industry in South Australia,” he said.
Applications will have to be innovative, develop new markets and advanced manufacturing in the forestry sector, have a positive impact on economic activity, increase and sustain employment in the region and support new skills and career opportunities.
The funding is open to applicants that will provide a dedicated service to, or are located or intending to locate in the South East.
The guidelines and information on how to apply for the South East Forestry Partnership Program are available at http://www.pir.sa.gov.au/sefpp

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