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LCPM Construction Ready Stream

Grant Opened: 26th of February 2024 Closes: 19th of April 2024 - 5:00 pm Value: $2 Million to $20 Million Run By: NSW Government Department of Climate Change, Energy, the Environment and Water Further Information: https://www.nsw.gov.au/grants-and-funding/lcpm-construction-ready-stream

Funding is available for businesses to help establish new or expanded commercial scale facilities in NSW that manufacture low carbon building materials, chemicals, biofuels, power fuels, or inputs for agricultural production.

The low carbon product manufacturing – construction ready stream is part of the net zero manufacturing initiative. The fund will invest in new or expanded commercial scale facilities in NSW, manufacturing low carbon building materials, chemicals, biofuels, power fuels, or inputs for agricultural production.

The initiative plays a pivotal role in achieving NSW’s commitment to net zero emissions by 2050 through the following 4 objectives:

  • drive economic growth across NSW - increase economic activities by providing funding for new or expanded low carbon manufacturing facilities.
  • increase investment and employment in new low-carbon industries - attract more investors to engage in the low carbon manufacturing sectors, leading to more job opportunities.
  • support a diverse, self-sufficient, resilient, and competitive low-carbon manufacturing sector - foster a dynamic and robust economic landscape, reduce dependency on a single sector, and promote the export of low carbon products and technologies.
  • establish new industrial facilities and advanced manufacturing capabilities to help decarbonise NSW’s economy - facilitate the establishment and development of low carbon manufacturing with advanced capabilities, contributing to the overall reduction of NSW’s economy's carbon footprint.
Last Updated: 24th of March 2024
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