Australian grant · Listed on business.gov.au
Marine Recovery Loan
Up to A$250,000 Closes Ongoing
Official listing and how to apply
Source: business.gov.au · Last checked
Key facts
| Funder | Listed on business.gov.au |
|---|---|
| Amount per award | Up to A$250,000 |
| Closes | Ongoing |
| Who can apply | Businesses |
| State or territory | National |
| Application detail | Apply at any time. |
| Status | Open |
| Source | business.gov.au |
| Last checked | 10 November 2026 |
About this grant
Summary from the official listing on business.gov.au:
This program provides loans to aquaculture and wild catch fishing businesses significantly impacted by the marine harmful algal bloom in SA from March 2025.
Loans are available to help aquaculture and wild fish catching businesses manage through and recover from the marine harmful algal bloom first detected in March 2025 off the coast of South Australia.
Eligible loan uses include:
- refinancing existing debt to a lower interest rate to improve cash flow
- pay operating expenses, including outstanding bills, salary, rent, insurance and other business costs
- capital expenditure including purchasing, upgrading or maintaining long-term assets e.g. equipment, buildings, fishing vessels and technology infrastructure.
What you get
Loans of up to $250,000.
Who it is for
Aquaculture and wild catch fishing businesses impacted by the marine harmful algal bloom first detected in March 2025 off the coast of SA.
Eligibility
To be eligible, applicants must:
- demonstrate a material reduction in turnover caused by the marine harmful algal bloom
- be an authorised aquaculture or wild fishing business
- be registered for tax purposes in Australia, with an Australian business number (ABN)
- be registered for goods and services tax (GST)
- have existing commercial debt at the time of application
- be financially viable in the long term.
Details are copied from the official source and can change. Check the official listing before you apply. Grant Writing Company is not affiliated with this funder.
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