Powering the Regions – Industrial Transformation Stream

Applications are open until funding is fully exhausted.
Average grant request is $500K.

$70 million in funding is available for innovation in industrial decarbonisation and advancing commercial deployment, with grants averaging $500,000 and requiring matched funding.

Key Requirements

Applicants must demonstrate that the proposed project:

Emissions Impact: Addresses the Scope 1 and/or Scope 2 emissions of an existing industrial activity.
Program Contribution: Has the potential to contribute to the Program Objectives.
Research Components: Does not consist solely of research (i.e. TRL 1-3). Research elements may be included only as part of a broader activity focused on developing, demonstrating, deploying, or commercialising a Renewable Energy, Energy Efficiency, or Electrification Technology.
Funding Status: Has not received, nor is it currently under assessment for, funding from the Powering the Regions Fund – Safeguard Transformation Stream, CICEI Primary Steel Production Sector Stream, or CICEI – Cement, Lime, Alumina and Aluminium Stream.
Additional Requirements: Meets any other criteria specified in the relevant Program Focus Areas or Funding Announcement.

Furthermore, applicants must show that the project is a technology that ARENA can lawfully fund under the ARENA Act, such as:

Renewable Energy Technology: Including hybrid and enabling technologies related to renewable energy.
Electrification Technology: Technologies that use electricity to replace fossil-fuel-based systems or facilitate such a replacement.
Energy Efficiency Technology: Including energy conservation, demand management, and similar technologies.

What is eligible for funding?

The Program Focus Areas aim to accelerate emissions reduction in regional industrial facilities by:

Addressing significant collective sources of emissions across the diverse set of industrial
sectors
Enabling a range of high impact decarbonisation technologies to be supported that are
replicable across industrial sectors in the short to medium term
Targeting solutions where there is a funding gap and a market need.

What companies are eligible for funding?

At the time of applying and throughout the life of the Project, the Applicant must hold an Australian Business Number (ABN) and be:

an Australian entity incorporated under the Corporations Act 2001 (Cth)
an Australian State or Territory owned corporation, or a subsidiary of an Australian state or territory
owned corporation
an Australian local government or council or an Australian organisation that is purposed with
representing and supporting local governments or councils

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.

This grant is open

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