2024 Grants for Energy-Efficient SMB Equipment
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Small and medium-sized businesses in Australia have the chance to enhance their operations with grants ranging from $10,000 to $25,000. These grants are available to help businesses upgrade to more
energy-efficient equipment
—an initiative with significant benefits for both the environment and their finances.
Energy Efficiency Grants for Small and Medium Enterprises Round 2
Energy Efficiency Grants aim to support businesses by upgrading or replacing inefficient equipment, ultimately reducing energy usage and costs. Learn about the grant opportunity and check your eligibility.
Key Details:
- Grant Amount: Up to $25,000 covering 100% of eligible expenditure.
- Total Funding: $41.241 million available.
- Application Deadline: Closes April 8, 2024, 5:00 pm AEST.
- Eligibility: Open to businesses with 1 to 199 employees.
- Distribution: Funding will be allocated across states and territories based on national business distribution.
- Demand Driven: Grants are awarded on a first-come, first-served basis until funds are exhausted in each jurisdiction.
Program Objectives:
- Improve energy efficiency practices and technology adoption.
- Assist businesses in managing energy costs.
- Reduce greenhouse gas emissions.
Intended Outcomes:
- Increase awareness of energy efficiency opportunities.
- Lower power bills for small and medium businesses.
- Contribute to Australia’s emission reduction target of 43% below 2005 levels by 2030.
Application Requirements:
- Eligible entities with eligible projects and expenditures can apply.
- Applicants cannot have received funding from Round 1 of this program.
- Only one grant per applicant (determined by ABN) is allowed.
This grant opportunity presents a valuable chance for businesses to enhance their sustainability efforts while improving their bottom line. Interested businesses can now
apply
and secure their share of the funding before the deadline.