The Clean Technology Innovation Commercial Readiness Stream


 A NSW programme Providing  grants between $250,000 and $5 million 


These grants support projects that advance low emissions technologies towards commercial viability, driving innovation in clean technology for a sustainable future.


Background and Objectives 

The Clean Technology Innovation Commercial Readiness Stream is part of the NSW government’s Net Zero Plan, with a goal of achieving net zero emissions by 2050 and building the state’s reputation as a clean technology powerhouse.


They plan to do this by 

  • fostering an innovation ecosystem encouraging clean technology innovations.
  • reducing industrial emissions and  carbon footprint 
  • positioning NSW as a leader in clean technology development and adoption encouraging cleantech companies to come to NSW 


Eligible Entities

  • Entities incorporated under the Corporations Act 2001 (Cth)
  • Research organisations applying through commercialisation departments
  • Commonwealth, state, or territory-owned corporations
  • Local government councils
  • International NGOs aiming to establish an Australian entity for clean technology commercialisation


Eligible Expenditure

The eligible expenditure for the Clean Technology Innovation are:

  • Technology development and prototyping
  • Construction of testing infrastructure
  • Product verification and compliance testing
  • Demonstration and deployment of technologies in real-world settings

 

To be eligible for the  Clean Technology Innovation

You need to 

  1. Demonstrate that your project aligns with the grant’s objectives and the Net Zero Plan.
  2. Provide a comprehensive overview of your technology and its potential impact on reducing emissions.
  3. Detail previous funding and investments to illustrate your project’s financial viability.
  4. Highlight your team’s expertise and commitment to clean technology innovation.
  5. Showcase existing traction and a clear plan for commercialisation and market entry.
  6. Outline how the grant will support your project’s development and address specific challenges.
  7. Submit a detailed application by the deadline, ensuring all eligibility criteria are met.

Timing

The closing date for the Clean Technology Innovation is on 5 April 2024.


More Information


https://www.energy.nsw.gov.au/sites/default/files/2024-02/NSW-202402-CTI-commercial-readiness-funding-guidelines.pdf