04 November 2019

Expressions of Interest for the NSW Aboriginal Land Council Fishing Fund

While there is no closing date for Expressions of Interest (EOIs) for grants and loans from the NSWALC Fishing Fund, NSWALC encourages EOIs to be submitted before 18 November 2019 if applicants wish for them to be considered before the end of 2019.


Expressions of Interest for the NSW Aboriginal Land Council Fishing Fund
Although there is no closing date for EOIs, people interested in submitting an EOI for loans and/or grants from the NSWALC Fishing Fund are encouraged to submit these before the 18th November 2019 (if applicants wish for them to be considered before the end of 2019).
 
What is the NSWALC Fishing Fund?
The NSWALC Fishing Fund is a partnership with the Commonwealth Governments' National Indigenous Australians Agency (NIAA) and aims to support the growth and development of the NSW Aboriginal fishing industry to achieve long term economic and employment opportunities.
 
What funding is available?
Both loans and grants are available to existing or start-up Aboriginal fishing businesses for aqua-culture, wild harvest or charter fishing. Applicants can apply for up to $500,000.00 for individual loans or grants.
 
Who is eligible to apply?
Applicants must be Aboriginal or an Aboriginal entity (business).
 
How to apply
Applications can be submitted at any time (i.e. no closing date).
 
Initially, EOIs will be sought. On review of EOIs, NSWALC may request the submission of a formal application. Applications will be assessed by NSWALC's independent Aboriginal Fishing Advisory Committee and approved by NSWALC. We will provide you with advice and assistance through the application process.
 
Applications will be assessed on a competitive basis including:
  • Demonstrated commercial acumen and business skill.
  • Demonstrated ability to provide employment outcomes over the long term.
  • Loans; will need to demonstrate the capacity to repay the loan and may be required to submit tax returns and financial statements as proof.
  • Grants; in addition to being commercial, will need to demonstrate community benefit, innovation and account for funds spent.