Following an initial assessment by the REIF Secretariat, the BAB will assess applications on a quarterly basis against the merit criteria and make recommendations to the REIF Administrator. The REIF Administrator, at their absolute discretion, will make the final decision. Every effort will be made to assess applications and respond to applicants within a six-week timeframe from the end of each quarter. Unsuccessful applicants will be provided with feedback on the decision.
In the instance that a member of the BAB declares a conflict of interest with any submitted proposal, that member will not be involved in the assessment of the proposal.
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.
Further information, including the Clean Tech Co-Funding scheme program guidelines, can be found on the Environment, Planning and Sustainable Development web page at https://www.environment.act.gov.au/energy/growth-in-the-clean-economy.