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Clean Energy Seed Fund

Overview

This fund will focus on unearthing and financing emerging innovations and startups in clean energy. It has been designed to appeal to corporate, institutional, high net worth individuals and impact investors looking to gain diversified exposure to Australian clean energy startups.

As well as targeting high returns for investors, the fund has a number of key strategic goals which include:
- Providing opportunities for partners in the seed fund to make larger, later stage investments.
- Increasing the supply of clean energy startups in Australia by investing and collaborating with a range of accelerators, incubators, universities, angel groups, VC firms and corporates.
- Providing ‘pull-model’ VC support to solve specific problems in the clean energy sector, encouraging greater investment and participation in the early stage clean tech sector and co-investment from a wide range of investors, including high net worth individuals, angel investors, venture capital firms, corporates and institutions.

The fund will invest at seed, angel and later stage follow on rounds in 30 to 50 startups over its four to five years investment period.

A total funding pool of $20 million is available which includes a $10 million cornerstone commitment from the new $1 billion CEFC Innovation Fund.

Who Can Apply?

Eligible applicants include scalable, high growth potential startups fueling innovation and creating opportunities in the development of clean technology. It is looking across sectors such as the:
- Internet of things
- Energy storage
- Biofuels
- Alternative energy generation (solar, wave, geothermal, wind)
- Metering and control
- Green building and biomaterials
- Transport technologies
- Water and waste

Eligible Activities

Eligible projects must be eligible for Clean Energy Finance Corporation (CEFC) finance under the terms of the CEFC’s Investment Mandate.

  • Start-up
     
  • Research & Development
  • Marketing
     
  • Export
     
  • Business Support
     
Documentation Uploaded
Web Overview 2018-05-24 Download
Media Release 2018-05-24 Download

Use these documents as a guide only - always get the latest direct from the Administrator

Add to
Add
Category
Business
Dates
Status Open
Closing Information
This program is open on an ongoing basis.

Value
Funding Type Investment
Total Funding Pool $20M
Co-contribution Yes
Competitive Yes
Eligible Activities
Activities
Start-up / Establishment
Innovation and R&D
Environment and Sustainability
Who Can Apply?
Location
National
Industries
Energy and Renewables
Difficulty Rating
Administrator
Tier Federal
Contacts
Program Administrator
Artesian Venture Partners
Telephone
1300002332
Email
http://www.cleanenergyfinancecorp.com.au/contact.aspx
General WebsiteVisit
Program Website Visit