Energy Innovation Fund - Applications for round 3 are now open!
Round 3 targets the electrification of Victoria’s food and beverage processing and manufacturing sector, which is one of the State’s most energy-intensive industries.
The round seeks to overcome barriers to electrification by co-funding innovative projects that replace fossil fuel usage with electric alternatives.
Grants capped at up to $2 million per submission.
Funding ratio Up to 50% of eligible Project expenditure.
Eligible Activities
- The Project supports the electrification of the food and beverage processing and manufacturing sector through the substitution of fossil fuel usage with efficient, electric alternatives.
- Primarily involves activities that take place in Victoria
- Demonstrates how they comply or intend to comply with regulatory requirements applicable to the proposed technology and Project scope
- Can demonstrate a contribution to Victoria achieving net zero emissions by 2045. A minimum threshold has not been set for the purposes of determining whether a Project is eligible.
- Project must have a Technology Readiness Level (TRL) of 9, or a demonstrable pathway to reach TRL 9 by the date the Funding Agreement is executed, and a Commercial Readiness Index (CRI) of between 2 and 5
Applications must be made via the online grant management portal by 1 pm (AEDT) Friday 28 November 2025.
For more information: visit https://www.energy.vic.gov.au/grants/energy-innovation-fund
Clarification questions can be submitted to: