What is the Clean Tech Co-Funding Scheme?

The Clean Tech Co-Funding Scheme is a program that provides individuals and businesses with funding to undertake clean technology research and development.

 

Background

The new Clean Tech Co-Funding Scheme will be funded through the REIF and will allow opportunities for the REIF to opportunistically co-fund clean technology research, development and deployment projects.

Proposals will be required to secure significant additional cash and in-kind contributions from another funding body. These could include the Australian Renewable Energy Agency (ARENA), Clean Energy Finance Corporation (CEFC), industry funding or other Commonwealth or (non-ACT) state government funding.

Proposals must also meet the REIF objectives of supporting the development of the ACT as an export-oriented hub for renewable energy innovation, and secure direct commercial benefits for ACT companies.

 

Funding

The Clean Tech Co-Funding Scheme aims to co-fund larger clean technology research, development and deployment projects.

There will be $300,000 in REIF funds to support this new opportunity. Three levels of funding are now available to individuals, businesses and research organisations, depending on the level of assessed benefit to the ACT: $10,000, $20,000 and $30,000.

 

Eligible Projects

Developing solutions to complex energy problems will require innovation and collaboration across Canberra’s renewable energy innovation ecosystem. Projects funded by the Clean Tech Co-Funding Scheme will align with the following research, education and business sectors:

  • Renewable energy generation science, engineering and social science
  • Energy storage science, engineering and social science
  • Energy generation asset management
  • Distributed energy grid and market integration
  • Solar and wind resource forecasting and mapping
  • Electrification in the transport, residential and building sectors
  • Other emerging technologies such as hydrogen and biogas innovation
  • Innovative socially impactful projects in the clean energy sector that drive behavioural change.

 

Eligible Applicants

To be eligible, you must:

  • have an Australian business number (ABN)
  • have secured significant additional cash and in-kind contributions from another funding body
  • meet the Renewable Energy Innovation Fund (REIF) objectives of
    • supporting the development of the ACT as an export-oriented hub for renewable energy innovation
    • secure direct commercial benefits for ACT companies

 

Timing

Applications open on an ongoing basis.

 

More Information