What it supports
The Innovation Fund supports the demonstration and deployment of innovative low-carbon technologies. It is relevant to areas such as industrial decarbonisation, clean technology manufacturing and energy storage, depending on the funding route.
Who and what might fit
A suitable project needs a credible path to implementation and a quantified emissions benefit. Grants, auctions and project development assistance serve different purposes and have different assessment criteria.
What to prepare
Assemble evidence of innovation and project maturity, a greenhouse gas avoidance estimate, capital and operating costs, a financing plan and the status of permits and supply agreements.