Grant proposals hint at assistance for high emission manufacturing facilities
The Federal Government has introduced a new round of business grants to startups and SMEs aimed at assisting the renewables and low-emission practices in projects.
Minister for Industry, Science and Resources Ed Husic, said recently that companies were invited to submit proposals for ideas that address key challenges in increasing energy efficiency of commercial fishing operations; producing safe drinking water for remote First Nations communities; and researching alternative packaging for the Australian wine market.
“We want to challenge small and medium businesses to make a strong contribution to Australia’s circular economy,” said Minister Husic.
“These grants are an opportunity to bring Australian know-how to solve some of our most pressing economic and social issues, including renewables and low emission practices.”
Funding is also available at a State level to help high-emitting manufacturing and mining facilities in NSW develop and deploy decarbonisation projects, from feasibility studies through to commissioning. Grants of up to $305,000 for high-emitting industries are available. Funding for instance will help NSW achieve significant and sustained industrial emissions reductions by 2030, in line with NSW’s target of net zero by 2050, through the following three objectives:
- Supporting decarbonisation in high emitting facilities – help NSW manufacturing and mining operations deliver value for money emissions reduction projects.
- Accelerating transformative decarbonisation projects – prioritise innovative and ambitious low emissions projects to fast-track NSW’s progress to net zero.
- Helping industry thrive in a low carbon economy – build local skills, knowledge and jobs to ensure NSW industry prospers in a new low carbon economy.
Application timeframe
HEI funding has been open for applications from October 2022 and a rolling assessment process will be implemented over two years. This means that applications can be submitted at any time and they will be assessed immediately following receipt.