Wood Processing Growth Fund
The Wood Processing Growth Fund helps wood processors increase our onshore wood processing capacity. It does this by providing both grants for pre-investment activities and direct investment (debt or equity) in capital projects.
The fund focuses on high-value, long-lived wood products like:
- structural framing timber
- furniture
- decking
- mouldings
- fencing
- landscaping and retaining walls.
Find out more about the fund and how to apply
Primary Sector Growth Fund
The Primary Sector Growth Fund (PSGF) provides support on a co-investment basis to help fast-track innovation across the food and fibre value chain. It’s a public-private co-investment fund that helps primary sector businesses, industry bodies, and other groups to:
- leverage opportunities or problems
- create benefits for New Zealand and themselves.
All projects must benefit New Zealand and rural communities. Proposals may cover multiple aspects of the value chain — including new products, technology and services, or new ways of operating, producing, marketing, handling and distributing.
All projects must enable direct economic benefits for the food and fibre sectors in New Zealand more broadly. This can include:
- the development and launch of high-value products, ingredients, or materials
- innovation that transforms by-products into high-value products
- testing a solution for reducing costs and boosting efficiency to improve the bottom line
- improving productivity and value across the value chain.
The PSGF will not fund projects that an organisation or company would be expected to complete as part of its core business.
The PSGF has a minimum funding threshold of $250,000 in government investment, to be matched by at least $375,000 in industry investment. By exception, where the rationale for government investment is sufficiently compelling, MPI may consider applications for smaller projects.
Sustainable Food and Fibre Futures closed to new applications
Sustainable Food and Fibre Futures (SFF Futures) was replaced by the PSGF on 23 May 2025. The Ministry for Primary Industries (MPI) remains committed to the successful delivery of existing SFF Futures projects.
