Monday, May 16, 2022

NSW offers $95 million to support clean technology startups and research

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The NSW government has opened applications for three new grant initiatives that provide up to $95 million in research, development and commercialization of clean technologies.

NSW Treasurer and Secretary of Energy Matt Kean said the grants will help fuel innovations developed by scientists and startups as part of the goal of achieving net zero by 2050.

“Stimulating emerging innovations today will help NSW become a global leader in low-emission products and services over the next decade,” he said.

“These grants will support labs and entrepreneurs to grow new business ideas in both Australia and abroad and grow the NSW economy.”

The treasurer said the government is working with industry and researchers to address three key emission areas.

“They include electrification and energy systems, land and primary industries and energy fuels, including hydrogen,” he said.

The three clean technology grant initiatives include:

  • $45 million for infrastructure, such as leading innovation facilities, to accelerate research, development and commercialization of clean technologies
  • $10 million to equip organizations such as start-ups and entrepreneurs with the necessary skills and resources to succeed commercially
  • $40 million to drive the scale-up of clean technologies that will support the decarbonisation of high-emitting and hard-to-reduce sectors.

Those interested in the fairs are open until April 22 of this year

Details on the grants, eligibility and how to online applications are available here

The clean technology innovation grants are part of the state government’s $1.05 billion Net Zero Industry and Innovation Program.

For more information about the program, please visit the Clean technology innovation page on the Energy Savings website.

Meanwhile, 39 research projects developed in NSW are on display this week as part of the Research Impact Showcase

The Showcase is an initiative of the Waratah Research Networka government-university collaboration that promotes the translation of high-quality research into evidence-based policies aimed at improving social, economic and environmental outcomes for NSW.

Details about the projects are available here online

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