Helping Australian businesses innovate for a cleaner future
The $200 million Clean Technology Innovation Program will provide opportunity for Australian businesses to find innovative ways of reducing greenhouse gas emissions.
The Program, which is an important element of the Australian Government’s plan for a Clean Energy Future, was launched by the Minister for Industry and Innovation, Greg Combet, on 6 July.
It will assist Australian businesses to maintain competiveness in a carbon-constrained economy by supporting activities that lead to the development of new clean technologies and associated services, including low emission and energy efficient solutions that reduce greenhouse gas emissions.
Activities could include applied research and development, proof-of-concept or early stage commercialisation.
A wide range of projects are expected such as innovation in biofuels, cogeneration, wind and solar energy and low-emission use of coal.
The Program will offer grants from $50,000 to $5 million dollars and will fund up to 50 per cent of eligible expenditure on a 1:1 funding basis.
The Program is now open and AusIndustry will be hosting information sessions aroundAustraliato help businesses apply for these grants.
To find out more visit the AusIndustry website.