Outcomes of Victoria's Resource Efficiency Program for SMEs

Last Modified: Fri Feb 10 2017 10:39:39 GMT+0530 (India Standard Time)
  • 2012 to 2016
    Duration of the program which was set up to help small and medium sized businesses change inefficient practices, save money and increase productivity through energy and materials efficiency measures.
  • 2
    areas - energy efficiency and materials efficiency - that were targeted. The program components targeted businesses at different stages of ‘readiness’ – ranging from businesses at an exploratory stage wanting to determine how they could benefit from energy and/or materials efficiency, through to businesses ready to implement specific projects.
  • $50,000
    eligible businesses could avail for support in managing the costs of implementing materials efficiency projects.
  • $25,000
    eligible business could avail for energy efficiency projects (with businesses contributing at least half the cost of the project).
  • $3.8 million
    in funding to over 140 projects was provided in three rounds of grants over the past two years.
  • $4.74 million
    a year that all businesses combined are expected to save.