The Forestry Business Transition program is part of the Victorian Government’s broader $120 million Victorian Forestry Plan Transition Package that focuses on retaining industry and community capability and jobs. The $1.1 million program will assist directly impacted businesses obtain support to plan for their future.
Funding of up to $25,000 (exclusive of GST) per business is available to engage appropriate professional services to undertake a Business Diagnostic and / or develop a Business Transition Plan.
Eligible Participants are businesses that either:
- hold a current VicForests Timber Supply Agreement
- hold a Forest Produce Licence issued by VicForests
- are a timber harvest and/or haulage business with a current VicForests Agreement.
Further eligibility criteria as listed in the Guidelines.
What services you may be entitled to
Registered Service Providers can provide the following support to Participants:
Business Diagnostic – an initial check of the business’ status to help identify future opportunities and next steps.
Business Transition Plan – developed by the Registered Service Provider and the Participant, this is a more in-depth identification of diversification opportunities and includes the strategies and capabilities the business needs to pursue in order to transition to future opportunities in forestry or other industries.
Updates of established plans – where a business has an established transition plan, a Registered Service Provider can be engaged to undertake a review of the existing plan. The review will determine if appropriate strategies are in place to assist the Participant through the transition period and make recommendations for change where appropriate. A Participant may be eligible for assistance to develop a revised Business Transition Plan if necessary.
Further program details
Regional Development Victoria will invite forestry industry businesses that have been identified by the Department of Jobs, Precincts and Regions (DJPR) as being directly affected by the Victorian Forestry Plan.
Businesses who believe they meet the eligibility criteria but did not receive an invitation to apply are encouraged to ring 1800 318 182 or email email@example.com to discuss their eligibility.
Prior to applying, businesses must first engage with a Registered Service Provider to agree on the services, timing and cost before applying for a Voucher. A detailed ‘Scope of Services’¹ must be included in the application. A list of Registered Service Providers can be found at Regional Development Victoria.
DJPR will confirm eligibility, conduct due diligence, and assess the Scope of Services to ensure it meets the FBTV program’s requirements and is reflective of the required engagement.
¹A scope of services from the Registered Service Provider, also called a scope of works, is a detailed work order. A scope of services helps define the services being sought and details what services are required. In this case the scope of services will include a price quote and timing.