emerging technology funding initiatives (august 10)

8/8/2019 Emerging Technology Funding Initiatives (August 10)

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Federal,StateandTerritoryEmergingTechnologyInitiativesGovernment Program/

SchemeName

Type/cost ofpolicy

Purpose EligibleRenewableTechnologies

ParticipantEligibility/Requirements

Duration/Introduction

Grantamount

AdditionalInformation

Furtherinformation

RenewableEnergy Target(RET)

MandatesAustralias useof electricitygeneratedfromrenewablesources

Investmentestimated at$5bn

To encourageadditionalgeneration ofelectricity fromrenewable energysources.

Renewableenergy generatedor deemed tohave beengenerated

Accredited powerstations or smallgeneration unitsthat havegeneratedrenewable energyor deemed to havegeneratedrenewable energy

Expandedrenewable energytarget (RET)commenced 1 Jan2010.

N/A

Market pricepaid forRenewableEnergyCertificates(RECs)

Target set atadditional45,000 GWhby 2020

Click here

Australian

Centre forRenewableEnergy (ACRE)

(Part of $5.1bClean EnergyInitiative)

$567m

program.One stopshop forrenewableenergybusinesses

To promote

development,commercialisation& deployment ofrenewable energytechnologies

Renewable

technologies

Organisations

governance andguidelines - TBC

Being established

2009-10

N/A - Advisory

body

Under Minister

for Resources& Energy

Click here

Feder

al

RenewableEnergyDemonstrationProgram


$300mcompetitivegrantsprogram

Funding to assistin demonstrationof renewableenergy for power

generation on acommercial scalein Australia

Solar,geothermal, wind,biomass, hydro,ocean energy,

combinationtechnologies

Applicant must benon-tax exemptincorporatedAustralian company

Launched20February 2009

Funding providedin rounds

Size of grantsexpected to be$50-100m (upto one third of

eligibleexpenditure onthe project

Administeredthrough theAustralianCentre for

Renewableenergy (ACRE)

Click here

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Government Program/SchemeName

Type/cost ofpolicy




Grantamount


Furtherinformation

Renewable

Energy FutureFund


$652.5

million over4 years

Additionalfundingunder theCleanEnergyInitiative

For the

development &deployment oflarge and smallscale renewableenergy projects

Renewable

energy e.g.geothermal, solar,wave energy

Will leverage

private venturecapital byencouragingpartnershipsbetween theGovernment andthe private sectorto make criticalearly-stageinvestments in thecommercialization

of new renewabletechnologies

TBA TBA

$42 m to bespent in 2010-11

Coordinated by

DCCEE

Click here

GeothermalDrillingProgram


$50mcompetitivegrantsprogram

To support cost ofdrillinggeothermal wellsfor proof ofconcept

Geothermal Applicant must benon-tax exemptincorporatedAustralian companywhich holdsAustraliangeothermalexploration licence

Launched20August 2008

Grants of up to$7 millionprovided asdollar for dollarmatchedfunding

Administeredthrough ACRE

Click here

ndSecond $15m To support 2 generation Applicant must be Delivered over 4 Matching grants Administered Click hereGeneration competitive research, biofuels research institution, years from 2008- of $1- $5m through ACREBiofuels grants development & university or 2009 to 2011-12Research & program demonstration of business withDevelopment new biofuel capability toProgram technologies & undertake research,

feedstocks development or(Part of $5.1bdemonstration ofClean Energy2nd generationInitiative)biofuels

Round 1projects

scheduled tocompletecommissioningof plant by 31December2015

Expected toleverage $2 ofindustry andstategovernmentfunding for $1ofCommonwealth

Round 1 closed15 Feb 2010.Successfulprojects expectedto be announcedsecond half of2010.

Technology to beused in the projectmust have beendemonstrated inoperation at a scaleof at least 30 MWgeneration capacityfor 12 mths.

Commerciallyproven solartechnologies.Proposal mayinclude solarthermal and solarPV withgenerationcapacity of at

Aims to create anadditional1000MW of solargenerationcapacity

$1.5bn over6 yrs.Competitivefunding forsolar energyplants

Solar FlagshipsProgram

Click here


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Type/cost ofpolicy




Grantamount


Furtherinformation

investmentleast 150 MW.

Proposals mustmeet SolarFlagships criteriaand EducationInvestment Fundcriteria.

Australian Solar $100m over To support solar Concentrating Researchers from To commence Variable. Round Round 2 Click hereInstitute 4 yrs. researchers solar thermal public and private operations by 1 successful projects

Competitive energy and solar sectors July 2009 projects proposals have(Part of $5.1bgrants PV announced been called forClean Energyprogram December and are

Initiative) 2009. currently beingreviewed.

Informationavailable onhotline:13 22256

Commenced 4January 2010

Skills andknowledgegrants: up to$50,000

Innovation to becommercialised

Individuals, early-growth stage andspin off companieswith majority ofbusiness activities,employees orassets withinAustralia.

To supportresearchers,entrepreneurs andcompanies toimprove their

potential forsuccessfulcommercialisationof theirinnovation.

Commercialisation Australia

Businessadvice

Click here

Merit basedgrants on aco-contributionbasis

Proof ofConcept:$50,000 -

$250,000Early StageCommercialisation: $250,000 -$2m

Grants are on aco-contributionbasis

InnovationInvestment

Fund

VentureCapital Fund

$200m forRound 3competitivefunding

To assistcompanies in the

early stages ofdevelopment tocommercialise theirproduct via theestablishment ofnew fund managers

R&D Innovation Small, early stage The Australian Up to $20m in Further Click hereto be Australian Government calls capital information at

to provide equityand finance

companies.

commercialised for applications provided, must AusIndustry Click hereannually. Round 3 be matched one hotline: 132applications to to one with 846close 31 May privately2010. sourced capital.

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http://www.australiansolarinstitute.com.au/index.htmhttp://www.commercialisationaustralia.gov.au/Pages/Home.aspxhttp://minister.innovation.gov.au/Carr/Pages/FUNDINGTOGROWVENTURECAPITALCALLFORFURTHERAPPLICATIONS.aspxhttp://www.ausindustry.gov.au/VentureCapital/InnovationInvestmentFundIIF/Pages/InnovationInvestmentFund%28IIF%29.aspxhttp://www.ausindustry.gov.au/VentureCapital/InnovationInvestmentFundIIF/Pages/InnovationInvestmentFund%28IIF%29.aspxhttp://minister.innovation.gov.au/Carr/Pages/FUNDINGTOGROWVENTURECAPITALCALLFORFURTHERAPPLICATIONS.aspxhttp://www.commercialisationaustralia.gov.au/Pages/Home.aspxhttp://www.australiansolarinstitute.com.au/index.htm


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http://www.ausindustry.gov.au/VentureCapital/InnovationInvestmentFundIIF/Pages/InnovationInvestmentFund%28IIF%29.aspxhttp://minister.innovation.gov.au/Carr/Pages/FUNDINGTOGROWVENTURECAPITALCALLFORFURTHERAPPLICATIONS.aspxmailto:[email protected]:[email protected]:[email protected]://www.ausindustry.gov.au/InnovationandRandD/ClimateReadyProgram/Pages/ClimateReadyProgram.aspxhttp://www.ausindustry.gov.au/InnovationandRandD/Re-ToolingforClimateChange/Pages/Re-toolingforClimateChange.aspxhttp://www.enterpriseconnect.gov.au/who/cleanenergy/Pages/default.aspx


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Type/cost ofpolicy




Grantamount


Furtherinformation

Australianbusinesses.

Companieswishing tomake anapplication forregistration forthe R&D TaxConcession forincome yearending 30 June2010 must doso by 30 April2011.

R&D activitiesthat aresystematic,investigative andexperimental, andinvolve eitherinnovation(novelty)

To increase theamount ofresearch anddevelopment(R&D) undertakenin Australia

Allowscompanies todeduct up to125% ofqualifyingexpenditureincurred onR&D activitieswhen lodgingtheir corporatetax return.

Broad-based,marketdriven taxconcession

Applications arereceived based onindividualcompanyreporting periods

Companiesincorporated inAustralia andundertaking R&D

R&D Taxconcession

Click here

(To bereplaced by

R&D Tax

Credit)

or highlevels of technicalrisk.

R&D Tax Credit Broad- To deliver a tax R&D activities Entities undertaking Was to commence Companies with To replace Click herebased, incentive to boost that are R&D that are 1 July 2010 an annual R&D Taxmarket investment in systematic, either: however turnover of less Concession -

To replace driven research and investigative, and legislation still to than $20m can transitionalAustraliancurrent R&D Click hereincentive development involve both be passed in claim a 45% measures forcorporations;Tax package considerable Parliament. refundable tax the 2009-10Australianconcession levels of novelty credit (the will be put in

residents for taxand high levels of equivalent of a placepurposes;technical risk 150%

foreign concession)corporations that All othercarry on R&D companies canactivities though claim a 40%a permanent standard taxestablishment in credit (theAustralia; and equivalent of a

public trading 133 per centtrusts with a deduction).

corporate trustee.

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http://www.ausindustry.gov.au/InnovationandRandD/RandDTaxConcession/Pages/RDTaxConcession.aspxhttp://www.ausindustry.gov.au/InnovationandRandD/RandDTaxCredit/Pages/RandDTaxCredit.aspxhttp://www.government-grant.com.au/2009/12/new-rd-tax-credit/http://www.government-grant.com.au/2009/12/new-rd-tax-credit/http://www.ausindustry.gov.au/InnovationandRandD/RandDTaxCredit/Pages/RandDTaxCredit.aspxhttp://www.ausindustry.gov.au/InnovationandRandD/RandDTaxConcession/Pages/RDTaxConcession.aspx


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Type/cost ofpolicy




Grantamount


Furtherinformation

Additionalinformation oneligibleactivities andproductsavailable onwebsite.

Reimburses upto 50% ofexpensesincurred oneligible exportpromotionactivities,above $10,000threshold

Applications for2008-09 closed30 November,2009.Applications for2009-10 will open1 July, 2010.

Australianindividual,partnership,company,association, co-operative, statutorycorporation or trustthat has carried onexport promotionactivities during theyear for which theywish to apply for an

export grant

Business musthave promotedproduct for exportand product mustbe: a good madein Australia oroutside Australiawhere Australiawill derive asignificant netbenefit; IP rightthat

mainly resultedfrom work done inAustralia;trademark owned,assigned or firstused in Australia;know-how thatmainly resultedfrom work done inAustralia

To encouragesmall & mediumsized Australianbusinesses todevelop exportmarkets

Governmentfinancialassistanceprogram foraspiring andcurrentexporters

Export MarketDevelopmentGrant

Click here

Provides upto eight grantsto each eligible

applicant

Clean Energy $14.9 million To attract Solar, wind, Australian business TBC N/A Austrade to Click hereTrade and will be spent investment into geothermal, appointInvestment over 3 years Australia's clean marine, bioenergy industryStrategy energy sector and and biofuels, specialists in

assist Australian Australia andclean energy in majorcompanies to offshoreaccess marketsinternationalmarkets

Federal

andstates

and

Territories

N/A Currently over980,000GreenPowercustomers and196 accreditedgenerators

Commenced inNSW in April 1997then expanded toother states in2000

Solar, wind,hydro, bioenergy Households,business.To encourage useof renewableenergy to reducegreenhouse gasemissions anddrive demand forrenewable energy

GreenPowerScheme Jointinitiative ofthe ACT,NSW, SA,QLD, VICand WAgovernmentagencies

Click here

State governmentshave agreements topurchase some oftheir power fromGreenPower

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Type/cost ofpolicy




Grantamount


Furtherinformation

AustralianTechnologyShowcase(ATS)

(Managed byState Govt. inVIC, QLD, NSW

Nationalnetworkingprogram

To promote anddevelop exportmarkets forinnovativetechnology basedproducts

Innovative,Australiantechnology withglobal marketingpotential

Small to mediumsized Australianbusinesses withannual turnover


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Type/cost ofpolicy




Grantamount


Furtherinformation

Program Competitive reduce the demand selection criteria for provided in notified ofgrants demand for applicant available rounds. future funding

program electricity, water on website rounds email(Part of $700m contact detailsNSW Climate toChange Fund) ccf@environme

nt.nsw.gov.au

Developed byIndustry &Investment NSW&

NSW Businesseswith turnover


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Type/cost ofpolicy




Grantamount


Furtherinformation

Furtherfunding roundsare yet to bedetermined.

Announced 2007 Funding isaccessed vialoan of up to100% or grantof up to 50% ofproject capitalvalue.

Australian basedorganisations withproject related toQLD

Renewableenergytechnologies thatare beyond proofof concept andprovide minimumcapacity of100kW

To supportdevelopment anddeployment ofrenewable energygenerationtechnologies inQLD.

$50mprogramCompetitivegrantsprogram

QueenslandRenewableEnergy Fund

Click here

Queensland Road map to To increase Solar thermal, Australian based Launched June Various Administered Click hereRenewable attract deployment of geothermal, small organisations with 2009 incentives by Office ofEnergy Plan investment renewable energy scale renewable project related to Clean Energy

in renewable initiatives and energy systems QLD

energy toQLD

accelerate growthof this sector

QueenslandSustainableEnergyInnovationFund

Competitivegrants($8.9m forover 77projects hasalready beengranted)

To assist in thedevelopment &commercialisationof sustainabletechnologies

Renewableenergytechnologies

Incorporated QLDbased organisations

Commenced 1999 Grants of up to80% of projectcosts up to$200,000

Applicationsfor new projectproposalsinvited twiceper year.Applicationprocessinformationavailable onwebsite

Click here

Queensland

Queensland $15m over 5 To encourage R&D Geothermal N/A Announced 2007 N/A Click hereGeothermal yrs for in energy derived (ChairmanEnergy Centre centre of from hot rocks announced Juneof Excellence excellence in 2010)

partnershipwithUniversity ofQueensland

South

Australia Climate Change

and GreenhouseEmissionsReduction Act2007 became lawon 3


To increase theuse of renewableenergy in SA

RenewableEnergy Target

20% ofelectricity tobe producedbyrenewableenergy by2014

July 2007

N/A New targetannounced of33% ofelectricity tobe producedby renewableenergy by2020

Click here

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http://svc196.wic512d.server-web.com/queensland_renewable.cfmhttp://svc196.wic512d.server-web.com/queensland_renewable_energy_plan.cfmhttp://www.derm.qld.gov.au/environmental_management/sustainability/energy/queensland_sustainable_energy_innovation_fund_qseif/index.htmlhttp://www.uq.edu.au/geothermal/index.htmlhttp://www.climatechange.sa.gov.au/index.php?page=renewable-energy-in-sahttp://www.climatechange.sa.gov.au/index.php?page=renewable-energy-in-sahttp://www.climatechange.sa.gov.au/index.php?page=renewable-energy-in-sahttp://www.uq.edu.au/geothermal/index.htmlhttp://www.derm.qld.gov.au/environmental_management/sustainability/energy/queensland_sustainable_energy_innovation_fund_qseif/index.htmlhttp://svc196.wic512d.server-web.com/queensland_renewable_energy_plan.cfmhttp://svc196.wic512d.server-web.com/queensland_renewable.cfm


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Type/cost ofpolicy




Grantamount


Furtherinformation

Renewable $20 million To support R&DD Renewable Incorporated Established June Variable To be Click hereEnergy Fund over 2 years of renewable energy company with 2009. Expires overseen by

energy technologies history in delivering June 2011 Renewabletechnologies similar projects, Energy Board,

financially viable supported byRenewableEnergyCommissioner

For moreinformationemail:

Launched 2004 Grant up to$100,000 notexceeding 50%of drilling costs

Mining companiesconductingexploration

To accelerateexploration in SA

Geothermal direct drillingcosts

Competitivegrantsprogram

Plan forAcceleratingExploration(PACE)

Click here

Miles.Davies@

sa.gov.au

CleanTech Strategy To encourage use Sustainable Innovative Launched Technology Click hereIndustry incorporates of sustainable technologies companies in clean Febraury2010 hub, research &Strategy Sustainable technologies technology training

Technologies facilities, accessCreate sustainable CleanTechPrecinct & to expertisetechnologies hub Partnering ProgramCleanTech at Tonsley Park targets SMEsPartneringProgram

Project capitalexpendituremust be


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Type/cost ofpolicy




Grantamount


Furtherinformation

Tasmania

North West andNorthern

TasmaniaInnovation andInvestmentFund

Fund nowclosed

$27mcompetitive

grantsprogram

To stimulateinnovation,

investment & Jobsin northwest andnorthernTasmania

New innovationsand technology

and /or emergingindustry

Incorporatedcompanies with

ABN

Launched 2009until June 2011

Up to $50,000 Administeredby AusIndustry

Click here

VictorianClimate ChangeWhite Paper

IncreaseVictoriaselectricity

supply fromlarge scalesolar to 5%by 2020

Green Door one stopshop forenergyprojects

To encourageadditionalgeneration of

electricity fromsolar

To streamlinedevelopment ofrenewable energyprojects

Solar

Projects withemissionthreshold of 0.5tCO2/ MWh

Solar power plants

Projects larger than30MW

TBC

TBC

N/A

N/A

Introducelarge scalefeed-in tariff

Each project tobe assigned acase managerto helpnavigate

application andapprovalprocesses

Click here

Click here

EnergyTechnologyInnovationStrategy

$72m grantsprogram forrenewable &sustainableenergy

To support thedevelopment oflarge scale,precommercialdemonstrations ofsustainableenergy

technologies

Solar, energystorage, biofuels,biomassconversion,geothermal &clean distributedenergy

Selection criteriaavailable onwebsite

Established April2008

Applications forgrants close31st August2009

Administeredby DPI

Click here

Victoria

SustainabilityFund


To supportprojects to tackleclimate changeand help Victoriareduce itsenvironmentalimpact

Can includetrialling ofrenewable energytechnologies

Schools,businesses, localgovernment andcommunity groupsacross Victoria

Established in2002

Variable Managed bySustainabilityVictoria

Click here
http://www.ausindustry.gov.au/CommunityAssistance/NorthWestandNorthernTasmaniaInnovationandInvestmentFund/Pages/NorthWestandNorthernTasmaniaInnovationandInvestmentFund.aspxhttp://www.premier.vic.gov.au/climate-change/11201-action-3-making-victoria-the-solar-state.htmlhttp://www.premier.vic.gov.au/climate-change/11201-action-3-making-victoria-the-solar-state.htmlhttp://new.dpi.vic.gov.au/energy/projects,-research--and--development2/energy-technology-innovation-strategyhttp://www.sustainability.vic.gov.au/www/html/2418-about-the-sustainability-fund.asp?intSiteID=4http://www.sustainability.vic.gov.au/www/html/2418-about-the-sustainability-fund.asp?intSiteID=4http://new.dpi.vic.gov.au/energy/projects,-research--and--development2/energy-technology-innovation-strategyhttp://www.premier.vic.gov.au/climate-change/11201-action-3-making-victoria-the-solar-state.htmlhttp://www.premier.vic.gov.au/climate-change/11201-action-3-making-victoria-the-solar-state.htmlhttp://www.ausindustry.gov.au/CommunityAssistance/NorthWestandNorthernTasmaniaInnovationandInvestmentFund/Pages/NorthWestandNorthernTasmaniaInnovationandInvestmentFund.aspx


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Type/cost ofpolicy




Grantamount


Furtherinformation

Project mustalso receive

funding underfederal SolarFlagshipProgram

Mustdemonstrate

equal / greaterfinancialsupport fromAustralianGovernment &private sector

Announced March2009.

Solar PV or Project must belocated in Victoria,

generate minimumof 330 GWh p.a ofelectricity for 20yrs

To support theestablishment of a

large scale solarpower station inVictoria

Large ScaleSolar Project

$100mcompetitive

grant

Click here

Plant to beconstructed in2011-2015

VicStart Expert To support Technology Businesses with Launched 2009 Assistance to Funded by Click hereTechnology advice, commercialisation products in R&D credible business gain grants, DIIRDCommercialisat mentoring, of technology cases with IP that debt funding or Tel: 13 22 15ion Initiative networking, innovations are judged to be seed funding

support able to succeed Free to joinprograms commercially program

Western

Australia Launched 2007 Variable

funding inrounds onmatching 3 for

one dollarbasis. 3

WA projects thatreduce greenhousegas emissions.Projects must nothave commencedand must beseeking >

$200,000


To develop lowemissiontechnologies toreducegreenhouse gasemissions


Low EmissionsEnergyDevelopmentFund

Click here

rd Round

closed 24

March 2010

This information is intended as a guide only and was current as at 10 Aug 2010.

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emerging technology funding initiatives (august 10)

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