Victoria’s Smart Water Fund has announced that it will make available $1 million in funding to support innovative urban water projects. The release of funding will be the Smart Water Fund’s 10th round, with applications opening in mid-October.
“The announcement of the next round of funding provides an excellent opportunity for Smart Water Fund to continue to invest in leading edge research and innovation on behalf of Victoria’s water utilities,” said Smart Water Fund CEO Christine Cussen.
This round of Funding will be open to commercial businesses, research institutions and consulting firms for projects which are able to demonstrate benefits and value to the Smart Water Fund Joint Venture partners.
The Fund will specifically seek applications in the areas of:
- Resource recovery, for example energy or mineral recovery and opportunities in carbon sequestration as a result of carbon pricing introductions;
- Innovation in asset planning, construction, maintenance and renewal with the potential to enhance industry productivity or reduce costs.
“It has been some time since the Smart Water Fund has gone to the external market to source best practice innovation outside the utility sector and we remain confident that these new investments will add significant value to Victoria’s urban water utilities and their customers,” said Cussen.
Since its inception in 2002 the Smart Water Fund has invested in close to 200 projects that have collectively received approximately $30 million in funding.
Further information including funding guidelines and applications will be available on the Smart Water Fund website at www.smartwater.com.au. Interested organisations are invited to register their details on the website to receive notification of the opening of the funding round.
Online applications will open on the 26th October and close at 2:00pm 15th November 2012.