Proposals must secure significant additional cash and in-kind contributions from another funding body. In general, funding will only be provided for 10 to 20 per cent of total project funding, although a higher proportion may be considered for projects of exceptional value.
Funding bodies could include but are not limited to the Australian Renewable Energy Agency (ARENA), Clean Energy Finance Corporation (CEFC), the Australian Research Council (ARC), their international equivalents, industry funding or other Commonwealth or (non-ACT) state government funding.
Proposals must meet the objectives of the Funding Scope at Appendix A of the funding guidelines, which supports the REIF objectives of developing the ACT as an export-oriented hub for renewable energy research, innovation and investment and securing direct commercial benefits for ACT companies.