Relevant Section/Text Clarification
Transcription
Relevant Section/Text Clarification
By way of clarification, the following points are provided against the RDIF Round Two and Round Three Guidelines and should be noted when preparing an Application. In addition, an error has been identified in the SmartForm Application Form – this error occurs in both of the Round Two and Round Three SmartForms. Please see below for information on how to provide a response to the questions that contain this error. a. Relevant Section/Text Clarification 4.2 Project Eligibility Development of feasibility studies and business plans. The RDIF will not fund any costs (future or retrospective) related to the development of feasibility studies or business plans related to a RDIF project. The costs incurred in preparation of the above will not be considered as eligible co-contributions for the purposes of Section 4.3, however can be provided as supporting documentation to an RDIF project/application. b. 4.3 Co-Contributions Inclusion of land as a co-contribution. As part of a co-contribution, Applicants are able to include the current market value of land purchased specifically for, and directly related to the RDIF project to a maximum of 25% of the total project cost. Note: the Program will accept only the proportional share of land area (and equivalent proportional share of the land value) that is required for a project if the project sits on a parcel of land that is significantly larger than the required project area. c. 5.1 Merit Criteria Economic Benefits – Mandatory Criteria (first dot point on page) ‘Applications must clearly describe how the project meets the following three mandatory criteria: • how the proposed project contributes to the economic diversification of the Region in relation to primary production, processing and business development.’ Emphasis is on applicants ability to demonstrate how the RDIF project will contribute to the economic diversification of the Region and the impacts of this diversification on primary production, processing and business development. Projects do not have to directly be related to only primary production, processing and business development. 1 Economic Benefits – Mandatory Criteria (fourth dot point on page) ‘It is also mandatory for your Application to clearly describe how the proposed project will deliver on at least one of the following: • • • • • • • • • d. Contributes to the economic diversification of the Region in relation to primary production and processing. Increases local, national and/or international investment in the Region which enhances primary production, processing or regionally relevant industry development. Increases exports out of the Region (exports may be intrastate, interstate or international) of primary products, food or related products. Creates access to new markets for existing or new economic activity which complements primary production, processing or marketing. Builds on existing or develops new competitive advantages or regional strengths. Develops or builds infrastructure to support planned economic diversification as a consequence of SARMS-3IP projects. Improves industry productivity and enhances projects supported by SARMS-3IP. Builds capacity and skills that directly support economic activity within the Region. Builds new businesses within the Region that are sustainable for at least five years post-funding.’ Please do not respond to the fourth dot point, ‘Contributes to the economic diversification of the Region in relation to primary production and processing’ in Section 5.1 of the Round Two and Round Three Guidelines when completing your Application. The Program will provide an opportunity to revise this question, and only this question, in cases where Applications provide a response to this point. Applications should address at least one of the remaining points (more than one can be addressed). 6. Additional Assessment Criteria Financial Viability – Audited Accounts ‘Prospective Applicants will be asked to provide copies of annual reports and audited financial statements covering the last three years as supporting documents to their Application to enable an assessment of their financial viability and their ability to manage and complete the project.’ Audited accounts include evidence of an independent verification of financial statements by a non-related entity to the applicant (e.g. by an independent accountant or other authorised entity). SmartForm Application Form Upgrade To ensure that you are not inconvenienced by Application Form upgrades, we have developed a function that enables the upload of data from the previous version of the Application Form to the updated version of the form. Only complete the following steps if you have already downloaded the previous version of the Application Form, entered data and saved the file. 1. Click the ‘Load Data’ button 2. Navigate via file explorer to your most recently saved file of the Application form. 3. Double click on the most recently saved file of the Application form. This process will populate the updated version of the Application form with data from your original form. However, you will need to re-enter data in the Milestone Budget section, Table 3 - Milestone Summary. If you would like further information please contact: Mr Kym Walton Team Leader – Regional Support River Murray Sustainability Department of Primary Industries and Regions SA Telephone: (08) 8539 2118 (Murray Bridge) (08) 8595 9172 (Loxton) Mobile: 0488 020 715 Email: [email protected] Alternatively, please call 1300 364 322 or email [email protected] www.pir.sa.gov.au/regions/sarms 1300 364 322 This Program is funded by the Australian Government and delivered by the Government of South Australia 2