Sustainable Finance Mechanism – Repayable Grants
Last updated: 11 March 2025
Status:
Applications closed
Closing date:
Monday 31 October 2022, 11:59 pm (or prior if funds are fully allocated)
Available to:
Charities, Community groups, Social enterprises, Not-for-profit organisations, Co-operatives
The Sustainable Finance Mechanism – Repayable Grants supported community groups, by providing zero-interest loans for implementation-ready, community clean energy projects. The repayable grants are to be repaid within 5 years, from cost-savings or income generated from the project.
$1 million was allocated for the grants as part of the $5.93 million Community Power Hubs Program, within the Victorian Government’s $1.6 billion renewable energy package in the 2020-2021 Budget.
The fund aimed to:
- support community groups seeking zero-interest finance for the delivery of community clean energy projects.
- provide a sustainable financing mechanism in which funds will be returned over time and can be recommitted to other community clean energy projects.
Funding provided
Grants of at least $30,000 are available for community groups to deliver community clean energy projects. The grant is to be repaid to Sustainability Victoria within 5 years.
Co-contributions of at least $1 for every $5 in grant funding were required.