We’re accelerating clean technology solutions from idea to market-ready by providing funding and support throughout the entire product development lifecycle.
We are investing in a diverse range of projects from commercialisation and pilot schemes to start-up ecosystems and cutting-edge infrastructure. This will turbo charge the research, development and commercialisation of technology that will help NSW achieve net zero by 2050.
In 2023, we invested $15.9 million in 12 successful projects as part of our round 1 funding, to create an innovative and thriving clean technology community in NSW.
Round 2 opportunities
We will be opening round 2 funding for applications later in 2023.
We are making it more straightforward for eligible researchers, innovators, and entrepreneurs to apply for round 2 grants. This round will focus on fast-tracking the commercial readiness of new clean technologies to get them to market sooner.
We intend to open 2 funding streams as part of round 2.
- Project development stream will provide funding to test the technical and commercial feasibility, viability and/or compliance of a product or project. This stream will offer a fast-track pathway for eligible projects to receive a grant through a single-stage assessment.
- Commercial readiness stream will target projects and activities that have completed technical demonstrations of the technology and are progressing towards commercialisation. Applications for this stream will undergo a 2-stage assessment process.