We’re excited for the opportunity for regional industries to contribute to reducing emissions as part of the Australian Government’s plan to achieve net-zero greenhouse gas emissions by 2050.
With Round Three of the Industrial Transformation Stream now open, businesses can access significant government funding to support projects that make a real difference.
At Matthews Steer, we’re passionate about helping our clients take advantage of initiatives like this one. Whether it’s improving energy efficiency, trialling new technologies, or preparing for long-term sustainability, we can help you build the financial and strategic foundations to make it happen.
What the Grant Offers
The Industrial Transformation Stream: Round Three provides a total of $180 million in funding to support industrial facilities in regional Australia that are working towards decarbonisation.
Grants start from $500,000 and require applicants to match the amount sought from the Australian Renewable Energy Agency (ARENA).
The program focuses on projects that:
- Help reduce emissions in line with Australia’s 2030 and 2050 targets
- Advance renewable energy, energy efficiency, and electrification technologies
- Demonstrate or accelerate new industrial solutions
- Encourage collaboration and workforce upskilling within regional industries
Who Should Apply
This funding is for regional businesses looking to upgrade equipment, adopt cleaner processes, or explore renewable energy options. Eligible projects include those that:
- Replace fossil fuels with renewable energy sources
- Electrify equipment used in manufacturing or processing
- Improve efficiency through new or emerging technologies, such as ultraviolet sterilisation or cold pasteurisation
These innovations can help regional businesses reduce costs and lead the way toward a cleaner industrial future.
How Matthews Steer Can Help
Applying for government grants can feel complex, but you don’t have to do it alone. Our Grants and Innovation team at Matthews Steer works closely with clients to identify opportunities, strengthen their financial position, and prepare compelling applications that meet all the requirements.
We can work with you on:
- Your eligibility and funding potential
- Build a strong financial case and project plan
- Prepare budgets and documentation that meet requirements
- Liaising with government agencies
We’ve supported many Australian businesses in accessing funding that drives growth and innovation, and we’re ready to do the same for you.
If you’re considering a project that reduces emissions or improves efficiency, now’s the perfect time to explore what’s possible. Our advisors are here to guide you through the grant process. We help position your business for success in the Industrial Transformation Stream.
Contact the Matthews Steer team to discover how we can assist you in accessing funding while taking meaningful steps towards a more sustainable, greener future.