Closed Grant Opportunity View - GO6310

This grant opportunity was announced in January 2023 as part of the Government’s Safeguard Mechanism Reforms to support the Government’s ambition for Australia to become a renewable energy superpower.

The Australian Government has announced a total of $600 million over the life of the program. For this first round of the Powering the Regions Fund - Safeguard Transformation Stream up to $300 million is available over 4 years.

The objectives of this grant opportunity are to:

• support trade-exposed facilities covered by the Safeguard Mechanism to reduce their emissions and contribute to meeting Australia’s 2030 (and 2050) emissions reduction targets
• reduce the risk of carbon leakage, which occurs when a business responds to emissions reduction policies by moving emissions-intensive production to a country with less stringent policies
• provide skills development to existing industrial workforce in new equipment or processes that contribute to the reduction of scope 1 emissions.

The intended outcome of this grant opportunity is a reduction of emissions at trade exposed Safeguard facilities consistent with their obligations under the Safeguard Mechanism.

You can apply if you:

• are an owner or operator of a trade-exposed safeguard mechanism facility that is not a new or expanded gas or coal facility
• have an Australian business number (ABN)

and are one of the following entities:

• an entity incorporated in Australia
• company limited by guarantee
• incorporated association.

You can't apply if you are:

• the owner of a trade-exposed Safeguard facility that is also a new or expanded coal or gas facility
• an organisation, or your project partner is an organisation, included on the National Redress Scheme’s list of Institutions that have not joined or signified their intent to join the Scheme
• an employer of 100 or more employees that has not complied with the Workplace Gender Equality Act (2012).

See the full eligibility requirements in the Grant opportunity guidelines.

From $500,000.00 to $50,000,000.00

Applications open 9 August 2023.

To apply, go to https://business.gov.au/prfsts

business.gov.au provides information and advice to customers via a range of channels including phone (13 28 46), email and web chat. Contact us for assistance.