As promised, the government has opened the Green Car Innovation Fund in April. From today, applications can be made by motor vehicle producers for grants of $5 million or more and other applicants will be able to apply for grants of $100,000 or more. Funding will flow from 1 July 2009.
Despite receiving feedback that argued this approach, the grants will be on the basis of one government dollar to three applicant dollars.
Information sessions will be held in May to brief applicants, and Application Forms, guidelines and further details are available on the AusIndustry website.
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