$200 million has been allocated to the Clean Technology Innovation Program as part of the Australian Government’s Clean Energy Future plan announced in July 2011.
The competitive, merit-based, grants program will be run over a 5 year period and will support the research, development and commercialization of clean technology products, processes and services.
Designed to be as flexible as possible the program will fund the development of a range of clean technologies including low emission and other energy efficient technologies. Funding will be based on a co-investment of $50,000 to $5 million on a co-investment of $1 for each $1 of government funding.
Eligibility is broad and encompasses a range of project undertakings including applied research and development, intellectual property protection and management, product prototyping, testing and proof-of-concept.
Targeted Australian companies and small businesses activities may include:
- research and development and early stage commercialisation activities to develop a new innovative clean technology application;
- development of technologies that improve the energy efficiency of appliances or industrial processes; and
- development of new products, processes or services to support clean technologies and energy efficiency.
Companies within Ignition Labs, collaborating with research institutions or other companies are also eligible to apply.
For further information or to register your interest you can contact the AusIndustry hotline on 1328 46 or email email@example.com.
$1 billion Australian clean technology investment programs launched (eco-business.com)