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Carbon Capture Use and Storage Development Fund
Australian Government · Australia
The Carbon Capture Use and Storage Development Fund provides grants for pilot or pre-commercial carbon capture, use and storage projects in Australia aimed at reducing emissions. Funding supports businesses, state and territory agencies, and Commonwealth authorities undertaking CCUS technologies.
Funding
$500K – $25M
Duration
Projects must be completed by 2025-06-30
Location
Australia
Who Can Apply
• Must have an Australian Business Number (ABN)
• Must be an entity incorporated in Australia and a trading or financial corporation, a foreign corporation, an incorporated trustee on behalf of a trust where the trustee is also a trading, financial or foreign corporation, an Australian State or Territory Government agency or body, or an authority of the Commonwealth
• If incorporated in Australia as a trading or financial corporation, trading or financial activities must be a substantial part of the corporation's activities
• Project must be located in Australia
• Project must be completed by 2025-06-30
• Must provide evidence from the board, CEO or equivalent that the project is supported and can be completed
• Must provide evidence of ability to fund the applicant share of project costs, including ineligible expenditure
• Foreign corporations and/or subcontractors must not be on the Consolidated List
• Joint applications are allowed if the lead applicant is eligible
• Not eligible if income tax exempt
• Not eligible if an individual, partnership, unincorporated association, or trust unless through an incorporated trustee
To be eligible, applicants must have an Australian Business Number (ABN) and be one of the following: an entity incorporated in Australia and a trading or financial corporation; a foreign corporation; an incorporated trustee on behalf of a trust where the trustee is also a trading, financial or foreign corporation; an Australian State or Territory Government agency or body; or an authority of the Commonwealth such as CSIRO. Projects must be located in Australia and completed by 30 June 2025. Applicants must provide board or CEO support for the project and evidence they can complete the project and fund their share of project costs, including ineligible expenditure. Foreign corporations and/or their subcontractors must not be on the Consolidated List. Joint applications are permitted if the lead applicant is eligible. Ineligible applicants include income tax exempt entities, individuals, partnerships, unincorporated associations, organisations not included in the guidelines, and trusts unless applying through an incorporated trustee.
What's Funded
Pilot projects or pre-commercial projects involving carbon capture, use and storage technologies, including facilities that could connect into a regional CCS hub and projects supporting CO2-derived products and services.Expected Outcomes
Reduced emissions across energy generation, natural gas or hydrogen production and heavy industry; development of pilot or pre-commercial CCUS facilities; lower costs and risks for CCUS projects; and progress toward large-scale carbon abatement and CO2 utilisation.Key Information
Applicant Types
companylocal_governmentother
Stage
growthestablished
Funding Purposes
sustainabilityinnovationcapital_expenditurecommercialisation
Keywords
carbon capturecarbon capture use and storageCCUSemissions reductiondecarbonisationclean energyhydrogenmanufacturing
Frequently Asked Questions
1
What is the Carbon Capture Use and Storage Development Fund?
The Carbon Capture Use and Storage Development Fund is a business grant offered by Australian Government in Australia, providing $500K – $25M in funding. The Carbon Capture Use and Storage Development Fund provides grants for pilot or pre-commercial carbon capture, use and storage projects in Australia aimed at reducing emissions. Funding supports businesses, state and territory agencies, and Commonwealth authorities undertaking CCUS technologies.
2
How much funding does the Carbon Capture Use and Storage Development Fund provide?
The Carbon Capture Use and Storage Development Fund provides $500K – $25M in funding. The typical project duration is Projects must be completed by 2025-06-30.
3
Who is eligible for the Carbon Capture Use and Storage Development Fund?
- Must have an Australian Business Number (ABN)
- Must be an entity incorporated in Australia and a trading or financial corporation, a foreign corporation, an incorporated trustee on behalf of a trust where the trustee is also a trading, financial or foreign corporation, an Australian State or Territory Government agency or body, or an authority of the Commonwealth
- If incorporated in Australia as a trading or financial corporation, trading or financial activities must be a substantial part of the corporation's activities
- Project must be located in Australia
- Project must be completed by 2025-06-30
- Must provide evidence from the board, CEO or equivalent that the project is supported and can be completed
- Must provide evidence of ability to fund the applicant share of project costs, including ineligible expenditure
- Foreign corporations and/or subcontractors must not be on the Consolidated List
- Joint applications are allowed if the lead applicant is eligible
- Not eligible if income tax exempt
- Not eligible if an individual, partnership, unincorporated association, or trust unless through an incorporated trustee
4
What activities are funded?
Pilot projects or pre-commercial projects involving carbon capture, use and storage technologies, including facilities that could connect into a regional CCS hub and projects supporting CO2-derived products and services.
5
How do I apply for the Carbon Capture Use and Storage Development Fund?
Start by checking your eligibility using the free Beta Docs eligibility checker. If eligible, Beta Docs' AI-powered platform can help you draft, review, and refine your application to maximise your chances of success.
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