GO8141: Future Made in Australia Innovation Fund
The Future Made in Australia (FMA) Innovation Fund (the Program) administered by ARENA will provide up to $1.5 billion in grant funding to support pre-commercial innovation, demonstration and deployment of renewable energy and low emission technologies (Technologies), to support Australia’s transition to a net zero economy.
FMA is an ongoing program which will remain open until funding is exhausted or ARENA closes the Program.
Successful projects are expected to achieve one or more of the following Program Outcomes: increase uptake of the Technologies through innovation and commercialisation activities. improve Australia’s capability and capacity to produce or manufacture the Technologies. support and/or contribute to stronger supply chains to enable increased use of the Technologies. improve knowledge, skills and/or workforce participation associated with the Technologies.
ARENA undertook targeted consultation through March and April 2025 with market participants, key consultancies and industry bodies and associations, to understand and identify industries and areas most suited for funding within the priority areas.
The FMA Innovation Fund launched in December 2025 and will be an ongoing, open program.
Grant funding will be available across three Priorities (the Priorities): $750 million to Green Metals including iron, steel, alumina and aluminium.
Initial tranche of $200 million to Renewable Energy Technology Manufacturing (RETM) to enable development of technologies seeking to alleviate critical supply chain challenges facing the clean energy transition. $250 million to Low Carbon Liquid Fuels (LCLF) including sustainable aviation fuels and renewable diesel.
For more information about the Program refer to the Program Guidelines and Focus Area documents attached to this opportunity.
Applicants must at time of applying hold an Australian Business Number (ABN) and be one of:
- an Australian entity incorporated under the Corporations Act 2001 (Cth)
- a corporate Commonwealth entity, Commonwealth company or government business enterprise
- a body corporate or corporation sole owned or established by an Australian State or Territory (or a subsidiary of such)
- an Australian local government or council or an Australian organisation purposed with representing/supporting local governments or councils
- an Australian University or other research institution
- or an entity operating a Cooperative Research Centre (CRC)
The Project must primarily take place in Australia, involve or investigate technology at Technology Readiness Level (TRL) 3 or above, and be a technology ARENA can lawfully fund under the ARENA Act (Renewable Energy, Energy Efficiency or Electrification technologies).
Applicants must warrant ownership/access/use of any IP necessary to carry out the Project and comply with specified legislative and policy requirements (eg Workplace Gender Equality Act obligations, Modern Slavery Act obligations).
Applicants must comment on Climate Performance as part of the application.
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Last updated: 12 February 2026