Business Ready Fund VIC


The Business Ready Fund provides businesses with matched funding to help them transition to renewable hydrogen.

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What do you get?

Matched funding of up to $150,000.

Who is this for?

Victorian businesses in industrial and commercial sectors.

Overview

Funding is available for projects that focus on the development of business cases or feasibility studies to investigate the transition to renewable hydrogen for business activities or industrial processes including heating, fuel, and as a feedstock.

The objectives of the fund are to:

  • enable businesses to identify pathways to transition towards renewable hydrogen
  • target users of natural gas, hydrogen and energy-intensive processes to maximise emissions reduction
  • increase confidence in transitioning to renewable hydrogen across the sector
  • build the profile of renewable hydrogen in Victoria and create a streamlined process for industry-government interactions and knowledge sharing.

What are the eligibility criteria?

Funding is open to all businesses in industrial and commercial sectors, including but not limited to:

  • commercial
  • manufacturing
  • agricultural
  • transport and mobility
  • gas producers and distributors
  • water corporations.

To be eligible, applicants must:

  • provide evidence of how long they have been operating
  • have an Australian business number (ABN)
  • be able to at a minimum ensure a 50% funding co-contribution towards the project.

How do you apply?

Find out more about eligibility and how to apply at Business Ready Fund.