Up to $120,000 is available from Manufacturing Efficiency Funding to help businesses improve their energy efficiency and manufacturing processes.
Manufacturing Efficiency Funding NSW
Manufacturing Efficiency Funding provides NSW manufacturing businesses with funding to help manufacturers:
- install energy efficient equipment and energy metering
- improve their manufacturing processes
Background
The NSW Government is offering over $16 million in funding to help manufacturing businesses save energy and money.
The funding will help you:
- upgrade energy monitoring systems
- replace or retrofit old, inefficient equipment
- install new energy efficient equipment
- improve manufacturing processes.
The first round is open between 22 February 2019 and 30 June 2019. Applications can be submitted at any time whilst the funding round is open.
Funding
There are three funding streams available:
- Offer 1 – metering and process optimisation (one project up to $50,000 of matched funding per site)
- for installing or upgrading energy monitoring systems to improve control of manufacturing processes and machinery to save energy
- Offer 2a – simple energy efficiency upgrades (multiple projects up to a total of $30,000 of matched funding per site)
- to retrofit and replace specific technologies such as, economisers and burners for boilers and variable speed drives
- Offer 2b – measured and verified energy efficiency upgrades (one project up to $70,000 of matched funding per site)
- for complex energy efficiency projects such as heat recovery and boiler upgrades
Applicants may apply for Offer 1 and one only of either Offer 2a or 2b, to a total funding amount of $120,000.
Eligible Projects
Your project must be directly associated with manufacturing activities. For example, site offices used for administration and accounting are not considered manufacturing.
Manufacturing Efficiency Funding will only fund energy efficiency projects that save electricity or gas behind the meter. This can include fuel switching to biogass or biomass as long as it reduces net energy use.
Eligible Applicants
Any business with a manufacturing site in NSW can apply, as long as it:
- has an ABN and is registered for GST
- undertakes manufacturing activities (according to the Manufacturing Division of ANZSIC 2006) or cotton ginning.
You can apply at any time during the funding round.
Timing
Applications close 31 July 2019.