Small and medium businesses across the Central Coast will benefit from a new $62 million grants program designed to help them become more energy efficient, ease pressure on their energy bills and reduce emissions.

The Albanese Labor Government has published guidelines for the Energy Efficiency Grants for SMEs program with a $16 million investment through Round 1 of the program. The second round of grants will be delivered next year.

Grants of between $10,000 and $25,000 will be available to SMEs in all industry sectors to enable them to take energy-saving measures.

Federal Member for Robertson, Dr Gordon Reid MP said the program would help businesses use less energy and improve their competitiveness, while lowering carbon emissions.

“These grants are another example of the Albanese Labor Government delivering on its commitments and putting downward pressure on the cost of living”, Dr Reid said.

“The Albanese Labor Government understands that small and medium sized businesses are the backbone of the Australian economy, and employ the most Australians”, Dr Reid said.

“When our small and medium sized business community are doing well, the nation does well. This program will support more small and medium sized businesses manage overheads and reduce their carbon emissions”, Dr Reid said.

“As the son of small businesses owners, I know these grants will assist many businesses on the Central Coast”, Dr Reid said.

“I would encourage the business community on the Central Coast to apply for funding or reach out to my office for support”, Dr Reid said.

Applications for the grants will open on March 6 and close April 19, 2023.

For more information about the Energy Efficiency Grants for SMEs program and how to apply, visit https://business.gov.au/eegsme

ENDS