- Three
Mid West projects to receive $606,046 Regional Economic Development (RED) Grant funding
- Cook Government investments support regional job creation in manufacturing
and agribusiness sectors
Three Mid West projects
will share in $606,046 funding
which will help build regional business resilience and diversify the economy
under Round 6 of the Regional Economic Development (RED) Grants program.
The RED Grants
program is a Cook Government initiative investing $50.85 million over nine
years toward locally driven projects to stimulate economic growth in the
regions.
Geraldton-based Dongara Marine will use its $249,890 grant to increase its
vessel building capability in region. The funding will be used to expand their
facilities and for the acquisition of two cranes needed for the Enhanced
Lifting Capability Project and to supply the Australian Defence Maritime
Assurance Program in the future.
Abrolhos Island
Oysters will use their $214,645 RED Grant to create a new oyster industry for
Western Australia. The funding will assist with the completion of its farming
and processing facilities before the 2024-25 harvest season kicks off later
this month.
Illegal Tender Rum Co. has been awarded $141,510 for its Sustainable
Harvest project, which will see fruit waste from the Mid West transformed into
value-added products, including hard cider and non-alcoholic beverages, and the
establishment of a producer marketplace.
Comments attributed to Regional Development
Minister Don Punch:
"Once again, the RED Grants continue
to support local businesses to develop, grow and diversify to better service
regional communities.
"These projects will help to build
stronger local economies by developing value-added products and boosting local manufacturing
capabilities, which in turn creates new job opportunities and career pathways
the Mid West region."
Comments attributed to Geraldton MLA Lara Dalton:
"It's
great to see the Cook Government supporting regional business and enterprise
through the RED Grant program.
"Congratulations
to the successful recipients. I am excited to see these projects get off the
ground and I thank Minister Punch and the Mid West Development Commission for
their support of local business."
Successful Round
6 RED Grant recipients – Mid West
