Small businesses can now apply for ‘Small Business Energy Efficiency’ grants to help reduce their energy bills, under Round 2 of the State Government’s Economic Recovery Fund (ERF).
The grants will range from $2,500 to a maximum of $50,000, subject to a matching contribution by the applicant, and will help up to 8000 small businesses invest to reduce their energy costs.
The grants can be used for investments including:
There has been a total of $20 million allocated to the second round of the ERF. Grants will be allocated on a first-come, first-served basis until the allocation has been exhausted.
The release of the second round follows the State Government recently announcing the successful applicants to the first round of the ERF.
In the first round, the government supported 17 businesses with a total of $26.3 million to 12 manufacturing and 5 tourism businesses, to help them invest in their operations, facilitating almost $220 million in investment overall.
Applications close at 5pm on Friday 29 November 2024, unless funding is exhausted prior.
Not sure if you are eligible for the grant or need assistance submitting your application? Start your FREE energy health check here
For more information on the grants, click the link here.
