This grant is open
Apply for this grant below:
Call our office on 03 8567 7500Business hours 9am-5pm, Monday-Friday
(Australian Eastern Standard Time)
OR
Fill out an assesment form today Future Made in Australia Innovation Fund
- Consultation is scheduled for March and April 2025, with the program expected to launch in the second half of 2025.
The Future Made in Australia (FMA) Innovation Fund will offer up to $1.5 billion in grants to drive pre-commercial innovation, demonstration, and deployment of renewable energy and low emission technologies, accelerating Australia’s journey to a net zero economy.
Key Requirements
The FMA Innovation fund will split grant funding across three priority areas (the Priority Areas):
- $750 million to Green Metals including iron, steel, alumina and aluminium.
- $500 million to Clean Energy Technology Manufacturing to enable development of technologies seeking to alleviate critical supply chain challenges facing the clean energy transition.
- $250 million to Low Carbon Liquid Fuels (LCLF) including sustainable aviation fuels and renewable diesel.
What is eligible for funding?
Further information will be provided once obtained.
What companies are eligible for funding?
Further information will be provided once obtained.
Is this grant competitive or entitlement based?
Competitive. Your application will be assessed among other applications by a judging panel.
How can I increase my chances of winning this grant?
By engaging an accredited government grants consultant, such as Avant Group.
Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.
As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.
Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project
- Industry analysis presentation
- Competitor Analysis Presentation
- Marketing and Sales Analysis Presentation
- 3-5 year Cashflow Forecast
- 3-5 year Balance Sheet Forecast
- Cost-Benefit Analysis of Grant Funding
- End-to-end grant application including information collating, analysis and application writing
- CAPEX (Capital Expenditure) cost-benefit analysis
- Stakeholder relations and Risk Mitigation Plans
- Any other relevant forecasting that will support your application
How can I get help with my application? Or know if I’m likely to win funding?
Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.