Co-investment for success
The Primary Sector Growth Fund (PSGF) provides support on a co-investment basis to help you innovate and achieve your goals faster. 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.
What a PSGF project looks like
The Ministry for Primary Industries (MPI) funds projects throughout the food and fibre value chain for the benefit of New Zealand and rural communities.
The scope of the PSGF is broad. It is not limited to any part of the food and fibre sector. Proposals may cover multiple aspects of the value chain — new products, technology and services, or new ways of operating, producing, marketing, handling and distributing.
The primary purpose of a project could be economic, environmental, social, or cultural. However, applications must show us how success in the project will 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.
Applications for enabling water storage and reticulation welcome
From April 2026, MPI started accepting proposals for feasibility projects for construction of large or community-scale water storage and reticulation. This recognises the importance of reliable and consistent access to water for farmers and growers.
Better water access supports higher-value crops, pasture growth, and diversified farming systems. It also strengthens farmer and grower resilience to climate impacts.
To apply, complete an Expression of Interest (EOI), as required for all PSGF projects. Because water storage projects deliver benefits over the longer term, your EOI must explain how your project supports long-term economic outcomes and meets PSGF criteria.
How to submit an expression of interest for the Primary Sector Growth Fund (PSGF)
The stages of a PSGF project
Expression of interest → application → contract → project delivery → final report
22 May 2025: SFF Futures is closed for applications
PSGF replaces Sustainable Food and Fibre Futures (SFF Futures). SFF Futures is now closed for applications. MPI will continue to support current projects and programmes until their completion.
