Powering the Regions Fund – Safeguard Transformation Stream Round 2

About This Opportunity

Projects at trade-exposed Safeguard facilities that reduce emissions; eligible plant/equipment, construction, labour, contract costs, training directly supporting outcomes and decommissioning old equipment. Grants $500,000–$50 million, up to 50% of eligible expenditure.

Eligibility Criteria

Owners/operators of an eligible trade-exposed Safeguard Mechanism facility that is not a new or expanded coal or gas production facility. Must have an ABN and be an Australian incorporated entity, company limited by guarantee or incorporated association. Round 2 remains open until 6 May 2027; Batch 2 closes 5 Nov 2026.

Application Process

How to apply Apply now Past rounds Contact Further guidance Key documents Powering the Regions Fund – Safeguard Transformation Stream Round 2 The Powering the Regions Fund – Safeguard Transformation Stream Round 2 grant opportunity will provide up to $50 million to trade exposed facilities to reduce their emissions and contribute to meeting Australia’s emissions reduction targets. Open Closes in 257 days Closing date: Thursday 6 May 2027 5:00pm AEST Thu 6 May 2027 5:00pm AEST Change time zone: Change time zone: Australian Eastern Standard Time (AEST) Australian Central Standard Time (ACST) Australian Western Standard Time (AWST) Australian Eastern Standard Time Australian Central Standard Time Australian Western Standard Time Application detail: Applications will be assessed in batches: Ba

Prepare to apply

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1. Step 1

   Funding requirements

   Work out how much you need to raise and how long it lasts.

2. Step 2

   Cash-flow forecast

   Show how the award would sit against income and costs.

3. Step 3

   Market size

   Estimate TAM, SAM, and SOM if the call asks for market evidence.

4. Step 4

   Business readiness

   Check gaps before you spend time on a full application.

5. Step 5

   Carbon and impact

   Capture environmental figures where the programme requires them.

6. Step 6

   Find partners

   Browse the company directory if the call needs collaborators.

7. Step 7

   AI grant writer

   Draft against your own project notes. Premium tool; not auto-filled from this call yet.