The Energy Innovation Fund, formerly known as the Renewable Energy Innovation Fund (REIF), has invested $12 million since 2016 to promote a vibrant renewable energy sector in the ACT.
An additional $19 million was committed to the Fund following the fifth round of the ACT renewables auction to support innovative energy technologies and solutions for net zero transformation.
The aim is to achieve our shared vision of Canberra as a place of opportunity for clean energy research, innovation and investment.
They are looking for new business models and innovation to solve clean energy challenges and accelerate the uptake of clean energy initiatives.
About the Fund
The Energy Innovation Fund, formerly known as the Renewable Energy Innovation Fund (REIF), has invested $12 million since 2016 to promote a vibrant renewable energy sector in the ACT.
An additional $19 million was committed to the Fund following the fifth round of the ACT renewables auction to support innovative energy technologies and solutions for net zero transformation.
Our aim is to achieve our shared vision of Canberra as a place of opportunity for clean energy research, innovation and investment.
We want new business models and innovation to solve clean energy challenges and accelerate the uptake of clean energy initiatives.
Grants program
The Fund provides up to $17 million over five years in flexible, early-stage grants for energy innovation projects. It aims to support new and emerging technologies while developing the ACT as an export-oriented hub for energy transition innovation.
Stream 1: Technology Demonstration Grant
This grant provides up to $10 million over five years in flexible, early-stage funding for a broad range of new and emerging technologies supporting the energy transition.
The Technology Demonstration Grant is targeted at businesses.
Stream 2: Policy Challenge Grant
This grant supports innovative solutions to the policy challenges the ACT faces in accelerating the energy transition. Up to $3.75 million is available over five years.
The Policy Challenge Grant is open to businesses, research and trades institutions, and think tanks.
Stream 3: Innovation Ecosystem Grant
This grant has two categories of support: innovation clusters and business accelerator. It supports networking opportunities, industry capacity building activities, and support for commercialisation solutions for energy innovation products and services. This grant offers up to $3.25 million over five years.
The Innovation Ecosystem Grant is open to businesses, including non-profits.
Contact us
Email: EnergyInnovationFund@act.gov.au