Community Notice Board

NSWALC Aboriginal Fishing Trust Fund

By October 22, 2019 No Comments

NSW Aboriginal Land Council (NSWALC) Fishing Fund

The NSW Aboriginal Land Council (NSWALC) is seeking applications from Aboriginal people(s) or entities for loans and grants from the NSWALC Fishing Fund.

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 opportunities for Aboriginal people. Both loans and grants will be available to existing or start-up Aboriginal fishing businesses for aquaculture, wild harvest or charter fishing.

What Funding is available?

Loan and grant applications will be assessed on their commercial viability as well as their community and social benefits. Innovative ideas are encouraged.

  • Loans

Loans under $20,000 will be interest-free. Loans over this amount will incur 2% interest. Lengthy repayment terms will be available. Applicants can apply for loans up to $500,000.00 which must demonstrate commercial and operational viability and employment outcomes. For further details on terms please see the contact details below.

  • Grants

Grants should also demonstrate social and community benefit including innovation, training, and employment. Applicants can apply for up to $500,000.00 for individual grants. For further details on terms please see the contact details below.

Who is eligible to apply?

Applicants must be Aboriginal or an Aboriginal entity (business).

NSWALC’s also established an NSWALC Fishing Advisory Council (FAC) consisting of five members and two NSWALC Councillors. Members were selected for their experience and knowledge of the commercial fishing industry and Aboriginal communities and businesses. The Committee’s responsible for assessing funding applications and providing recommendations, advice and direction to the Council on the applications.

Examples of projects that could be funded include:

  • Cultural fishing workshops
  • Maintaining and protecting cultural fishing access
  • Signage covering the local cultural fishing connection
  • Stocking of culturally-significant fish species
  • Fish habitat/invasive species management
  • Business administration and technical training
  • Broader capacity-building
  • Commercial fishing operations
  • Aquaculture ventures
  • Charter fishing, cultural tourism or the post-harvest sector investment
  • Research into cultural harvest or impacts on cultural fishing

 

Do share the news about the Fishing Fund with your networks and you can contact Strategy and Policy with any questions on 02 9689 4520 or policy@alc.org.au

NSWALC Website Links to Media Releases about Cultural Fishing and the Fishing Trust Fund:

http://alc.org.au/newsroom/media-releases/cultural-fishing-law-changes-welcomed.aspx

http://alc.org.au/culture-and-heritage/fishing-rights.aspx

DPI’s Website information:

https://www.dpi.nsw.gov.au/fishing/aboriginal-fishing/AFTF