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  • Business
  • Closed

The Business Ready fund is closed for applications. Applications have been assessed, providing:

  • grants to 8 projects
  • $608,665 in grant funding
  • assistance for businesses to undertake a business case or feasibility study project to support their transition to renewable hydrogen
  • a focus on developing and deploying zero-emissions renewable hydrogen technologies in Victoria.


The fund is an initiative under the Victorian Renewable Hydrogen Industry Development Plan. The fund targeted users of natural gas, hydrogen and energy-intensive processes to maximise emissions reduction. Its objectives were to:

  • enable businesses to identify pathways to transition to renewable hydrogen
  • increase confidence in transitioning to renewable hydrogen across the sector
  • build awareness of renewable hydrogen in Victoria
  • create a streamlined process for industry–government interactions and knowledge sharing.

Funded projects

Blackmores Limited

This study will look at options for renewable hydrogen as an alternative fuel source to natural gas.

  • Location: Braeside
  • Funding awarded: $37,102

Australian Engineering Solutions Pty Ltd

An economic, commercial and technical study and prototype assessment. It will determine the feasibility of manufacturing new or modifying existing cremation burners to use renewable hydrogen in place of natural gas.

  • Location: North Geelong
  • Funding awarded: $100,000

HAMR Energy

A feasibility study to assess if carbon feedstock from unrecyclable waste combined with renewable hydrogen can be used to reinstate methanol manufacturing in Victoria.

  • Location: Laverton North
  • Funding awarded: $157,173

Greater Western Water

A study to investigate renewable hydrogen production from recycled water sourced from the Bacchus Marsh Recycled Water Plant. And investigate hydrogen use by Parwan and Co, the Parwan Employment Precinct and the Parwan Station Residential and Commercial Precinct.

  • Location: Parwan
  • Funding awarded: $60,000

RMIT University

A detailed site assessment and feasibility modelling to consider the transition of the RMIT city campus from natural gas as a process fuel source (electricity and thermal generation) to renewable hydrogen.

  • Location: Melbourne City
  • Funding awarded: $44,390

Goulburn Valley Water

A feasibility study to determine the demand for renewable hydrogen in the consortium partner industries (manufacturing, industrial, agrifood, transportation, local government, energy and water utilities) and quantify the amounts of fossil fuels that can be replaced, as well as the costs and carbon emissions abated.

  • Location: Shepparton
  • Funding awarded: $85,000

Electromotiv Pty Ltd

A feasibility study for installing hydrogen refuelling infrastructure at bus depots in Victoria for (long-range) V/Line routes.

  • Location: Dandenong
  • Funding awarded: $150,000

Monash University

A feasibility study examines end-users in the Monash Precinct and regional Victoria to provide renewable hydrogen.

  • Location: Clayton
  • Funding awarded: $75,000

Page last updated: 06/09/22