A Guide To Govt Funding Opportunities For HVIA Members

The Federal Government has several open opportunities for HVIA members to apply for grants and other funding options. The available options are for projects across multiple areas, including transport, road safety, innovation, and renewables and low-emissions technologies.

ARENA
ARENA provides funding to invest in cheaper and cleaner transport. It targets business fleets, new technologies for heavy and long-distance vehicles, public charging, hydrogen refuelling stations, and smart charging.

Members are encouraged to reach out to ARENA with ideas. You will need to match funding and have a business case showing ARENA’s support will enable pursual of a net-zero strategy. Project examples include purchasing 15 new trucks and considering electric developing charging infrastructure.

ARENA is planning on opening new funding in Q2, but it needs to know there is interest from our sector before this is guaranteed.

More information:
Funding Opportunities – Australian Renewable Energy Agency (ARENA)
Driving the Nation Program – Australian Renewable Energy Agency (ARENA)

National Reconstruction Fund (NRF)
The NRF has $15 billion to invest in growing Australia’s industrial capabilities. It focuses on seven key priority areas, including transport and renewables and low-emissions technologies.

The NRF financing options include debt, equity, and guarantees but does not include grants. The NRF will consider the value of: growing industrial capability; helping industry pursue value-adding opportunities; decarbonisation; creating secure jobs and a skilled, adaptable workforce; boosting supply chain resilience; and commercialising Australian innovation.

More information:
Industry Growth, National Reconstruction Funds Available (hvia.asn.au)
NRF website

Industry Growth Program (IGP)
The $392 million IGP supports businesses undertaking commercialisation and/or growth projects within the NRF priority areas.

The IGP will provide advisory services and opportunities for matched funding for SMEs.

Available funding includes grants of $50,000 to $250,000 to support early-stage commercialisation projects; and grants of $100,000 to $5 million for commercialisation and growth projects.

The IGP supports innovative products, processes or services which and new and unique, or involve significant enhancements of current products, processes or services that will enable the business to scale and transform.

Minor changes or improvements to existing products or services are not considered innovative.

More information:
Applications For Industry Growth Program Now Open (hvia.asn.au)
IGP website

National Road Safety Action Grants Program
The Government is making $37.6 million available for allocation to projects or activities through the Road Safety Grants across five key areas of activity over three financial years: community education and awareness, including workplace road safety; vulnerable road users; First Nations road safety; technology and innovation; and research and data.

More information:
National Road Safety Action Grants Program Extended (hvia.asn.au)
NRSAG Program website
Answers to FAQs

If you decide to submit an application, let Adele Lausberg (a.lausberg@hvia.asn.au) know and HVIA can explore writing a letter of support to accompany your application.

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