Program overview Clean Technology Programs Closed: While the program is closed to applications, this document remains available to assist existing program customers. $25,000 – < Less than Up to 1:1 $500,000 $100 million $25,000 – < $100 million $500,000 or more $500,000 - N/A Up to 2:1 N/A 3:1** Up to 2:1 < $10 What is the Clean Technology Investment Program? million The Clean Technology Investment Program is a ≥ $10 merit-based grants program that supports million Australian manufacturers to invest in energy * applies to the annual turnover of the applicant efficient capital equipment and low emission in the financial year preceding the lodgement of technologies, processes and products. an eligible application. What grants are available for manufacturers? Grants are provided to successful applicants to fund part of total eligible project costs. The proportion of the cost covered by the grant is ** unless otherwise recommended by the Cabinet of the Australian Government. An additional funding ratio is available for some companies with manufacturing facilities that are likely to face a direct carbon liability. This grant ratio is available for manufacturers determined by the grant ratio. For manufacturers who are not liable under the Carbon Pricing Mechanism, the available grant ratio is dependent on the size of the grant requested and the turnover of the applicant. Grant Annual Applicant to amount turnover of grant ratio with facilities that have emitted 25,000 tonnes or greater, but less than 100,000 tonnes of covered emissions in the last full financial year prior to application lodgement. Grant Annual Applicant to amount turnover of grant ratio applicant* applicant* $25,000 – N/A ausindustry.gov.au · 13 28 46 · hotline@ausindustry.gov.au Up to 1:1 March 2014 Page 1 of 3 the Equal Opportunity for Women in the upwards Workplace Act 1999. For further information refer to the fact sheet on Grant Ratio for Carbon Liable Businesses. How are grants awarded? In order for your application to be considered for funding you must meet all the Program eligibility criteria. Eligible applications are then What projects and activities are eligible? Eligible projects must improve the carbon and energy efficiency of the applicant’s manufacturing process. assessed against the Program merit criteria. The Eligible project activities are capital investment application must score highly against each of and associated implementation activities that the merit criteria to be successful. generate carbon and energy savings through: What are the eligibility criteria? replacement or modification of existing manufacturing plant, equipment and processes, and/ or changes to energy sources for the existing or replacement manufacturing plant or processes. To be eligible to apply for funding an applicant must: 1 Be a non-tax exempt corporation that is incorporated in Australia under a law of the Commonwealth or of a State or Territory and is undertaking manufacturing activities in Australia. 2 Have met one or more of the prescribed energy or emissions thresholds in the 12month period before submitting an application: i used at least 300 megawatt hours of electricity; or ii iii used at least 5 terajoules of natural gas; Projects can include multiple efficiency measures and occur across multiple sites within Australia. The maximum project duration is two years. What are the Merit Criteria? Grants less than $1.5 million will be assessed against merit criteria 1 to 3 and grants of $1.5 million or more will be assessed against merit criteria 1 to 4 as outlined below. 1 or emissions intensity, including through used a mix of fuels and/or electricity improvements in energy efficiency arising that results in the emissions of at least from the proposed project. 0.27 kilotonnes of carbon dioxide 2 Or be directly liable under the Carbon 3 The extent to which the project maintains Pricing Mechanism. and improves the competitiveness of the Be able to fund the costs of the project that applicant’s business. will not be covered by the grant. 4 The capacity and capability of the applicant to undertake the project. equivalent. 3 The extent of the reduction in carbon 4 The contribution of the proposed project to Are not named as an organisation that has a competitive, low carbon, Australian not complied with their obligations under manufacturing industry and the benefits to the broader Australian economy. ausindustry.gov.au · 13 28 46 · hotline@ausindustry.gov.au March 2014 Page 2 of 3 For further information refer to the Merit Assessment fact sheet. What project costs can I include in my application? How will my application be assessed? All eligible applications are assessed by Innovation Australia, an independent statutory body. Grants of $10 million or more are also The main categories of eligible expenditure considered by the Cabinet of the Australian include: Government. identifying carbon and energy savings to be achieved through the project plant and equipment installation commissioning labour cent of the grant amount is withheld until the measurement and verification activities project has been completed and all reporting end of project financial audit What happens if an application is successful? Applicants will have 30 days to sign a Funding Agreement. Grant payments are made in arrears on completion of project milestones. Twenty per obligations have been met. For further information please see Eligible Expenditure Guidelines and the fact sheet on Eligible Expenditure for Plant and Equipment. Is funding available for collaborative projects? A collaborative project is a project undertaken by a lead applicant and one or more project partners, where the benefits of the project (emission reduction, financial or otherwise) are shared amongst the collaborative partners. A collaborative project must provide a demonstrated improvement in energy efficiency or carbon emissions intensity for the lead applicant. A project partner must either meet the criteria of an eligible applicant, or must be a part of the lead applicant’s manufacturing supply chain. For further information please see the fact sheet on Collaborative Projects. ausindustry.gov.au · 13 28 46 · hotline@ausindustry.gov.au March 2014 Page 3 of 3