The Australian Renewable Energy Agency (ARENA) has announced a new $30 million funding program designed to help promising early-stage startups aligned to ARENA’s mandate turn innovative ideas into commercial solutions.
Launchpad will provide targeted grants with a streamlined application process for local early-stage companies developing technologies that can help lower emissions and accelerate Australia’s clean energy transition.
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It will also provide funding to Australian ecosystem partners which specialise in providing support for typically early-stage renewable energy and climate businesses.
ARENA CEO Darren Miller said Launchpad would help the next generation of Australian renewable energy innovators take an important step towards commercialisation.
“Australia has no shortage of talented founders and ambitious ideas, but early-stage funding can be difficult to secure for technologies that take time and capital to develop, particularly for energy and climate startups,” Miller said.
“Launchpad is an ARENA program designed primarily for early-stage startups. We have heard from startups that they need a simpler and faster pathway to smaller amounts of funding that will help them reach their next technical or commercial milestone.
“By backing innovators early and strengthening the ecosystem around them, we can help more Australian renewable energy technologies move from a great idea to a real-world solution.”
Launchpad will include two funding streams:
- Startup funding: a $15 million competitive funding round primarily targeting innovative pre-seed to seed-stage startups aligned to ARENA’s mandate. Successful applicants will receive $500,000, with up to a further $500,000 available for projects with high capital expenditure requirements (i.e. up to $1,000,000 per grant).
- Ecosystem funding: a $15 million funding round for Australian ecosystem partners, such as accelerators and other organisations, delivering multi-year programs that help businesses aligned to ARENA’s mandate develop and grow. Grants of up to $5 million will be available through an open, non-competitive round.
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Applications for the Startup funding round close in late October 2026. The Ecosystem funding stream will remain open until the available funding allocation is exhausted.
