Industry Attraction Fund (IAF)

The Shire of Northam is the key regional centre of the Wheatbelt. The Shire of Northam area plays a pivotal role in the region’s economy, offering a broad cross section of employment opportunities.

In order to further grow and diversify industry in the area, the Shire of Northam proactively works with the State Government and industry to develop a robust, flexible and adaptable local economy. The Shire of Northam is also an active member of the Regional Capitals Alliance Western Australia, working collaboratively with the nine other regional capitals of Western Australia to support our communities and economies.

As part of this proactive approach, the Shire of Northam has established the Industry Attraction Fund (IAF). The IAF has been established to incentivise business development and economic growth within the Shire of Northam. It is part of a suite of initiatives devised by the Shire of Northam to build on the area’s existing competitive advantages, intended to strengthen and diversify the local economy and support long-term jobs growth.

These Guidelines provide key information for applicants to this fund.

The IAF has been established to incentivise business development and economic growth within the Shire of Northam by attracting new businesses to the area, or by supporting existing local businesses to substantially expand their operations.

The Shire has identified the following priority sectors, based on synergies with existing industry and/or alignment with strategic priorities. The IAF priority sectors are:

  • Agriculture and Agri-Innovation;
  • Freight and Logistics;
  • Aviation;
  • Tourism;
  • Manufacturing & Professional Services;
  • Education & Training;
  • Utilities & Waste Services;
  • applications from other industries are welcomed where the project can demonstrate the capacity to deliver on the IAF objectives.

The Shire of Northam has committed to investing up to $1 million value to each approved applicant, with support available in a variety of forms including cash contributions, land provision or peppercorn lease, waiver of rates or other mechanism as negotiated.  The Shire of Northam recognises the importance of local governments taking an enabling approach and is proactive in working with proponents to support impressive turnaround times on planning and building approvals.

Eligible applicants can apply for IAF Grants funding of up to $1 million.

Applications open: November 2020

Applications close: IAF applications will be considered whilst funds are available.

Applications should be submitted to Ms Alysha McCall at ceosec@northam.wa.gov.au

IAF Grant Guidelines

IAF Expression of Interest Form

IAF Grant Application Form

IAF Grant Leveraged Funding Opportunities

Industry Attraction Fund (IAF) Process