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SA Small Business Energy Grants
- Up to $20 million in total funding is available
- Round 2 opens on a first-come-first-serve basis until 29 November 2024.
The South Australian Government's Economic Recovery Fund is offering up to $20 million to assist 8,000 small businesses and not-for-profits to purchase energy efficient equipment or implement energy-saving improvements.
The Small Business Energy Grants program is part of the South Australian Government's Economic Recovery Fund which is offering matched funding grants from $2,500 up to $50,000 for not-for-profits and small businesses to enhance energy use and associated costs. After investing in these energy saving measures, your costs will be subsidised by up to 50%.
Key Requirements
In a net zero future, small businesses play a vital role in reducing our carbon footprint. Embracing environmental sustainability can enhance your business by attracting customers interested in eco-friendly products, retaining staff who value climate action, and aligning with supply chains focused on emissions reduction. Additionally, becoming more energy and water efficient can lead to significant cost savings.
If you’re an eligible small business or not-for-profit, you can apply for a Small Business Energy Efficiency Grant to offset the cost of new energy-efficient equipment. This grant allows you to recover up to half of your investment, providing between $2,500 and $50,000 for purchases ranging from $5,000 to $100,000 (excluding GST).
What is eligible for funding?
Funding is available for the investment in:
- Energy-efficient equipment
- The implementation of energy-saving measures
More information on the type of energy-saving measures and equipment that will be eligible will be released soon.
What companies are eligible for funding?
To qualify for funding, the company must either be a:
- Small business or
- Not-for-profit organisation
In addition to this, the company must also:
- Use less than 160MWh of electricity annually
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.