AgriStarter Loan applications now open!

Hi everyone,

Thank you for subscribing to receive updates from the Regional Investment Corporation (RIC).

We’re pleased to let you know that the AgriStarter Loan guidelines and application form are now available on our website at www.ric.gov.au/agristarter.

The AgriStarter Loan launched on 1 January 2021 and we’re now accepting applications.

The AgriStarter Loan has two uses:

  • Supporting new farmers to purchase, establish or develop their first farm business
  • Assist existing farm businesses with succession planning arrangements

If applying as a first farmer, you must demonstrate at least three years of relevant on-farm or equivalent experience. If applying using succession, at least one member of the farm business must have experience operating a farm business or a demonstrated potential to operate a farm business.

We’re really pleased to open the AgriStarter Loan applications and believe they’ll provide valuable support for new and intergenerational Australian farmers in building a strong and diverse agricultural industry.

The federal government announced in July 2020 that $75 million will be available for the AgriStarter Loan this financial year.

For more information on the AgriStarter Loan, including the guidelines, eligibility criteria and loan application form, please visit ric.gov.au/agristarter or phone 1800 875 675.

Thanks!

The RIC team.