Energy Research Development Fund (ERDF)
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Get up to S$5 million under the Smart Energy Challenge to develop innovative ideas that address Singapore’s energy needs or help grow the energy industry. For who?- Singapore-based organisations, including:
- private sector companies
- company-affiliated research laboratories/institutions
- not-for-profit organisations/research laboratories
- Institutes of Higher Learning (IHLs)
- public sector agencies
- Organisations are welcome to collaborate with each other to apply for funding.
For what? - To provide financial incentives for the development and implementation of innovative energy solutions that:
- diversify Singapore’s energy sources and improving Singapore’s energy security
- help to achieve Singapore’s energy intensity reduction targets, and
- develop Singapore’s energy industry
- ERDF focuses on projects which are close to deployment and show potential to be economically competitive in the future.
- Projects submitted for the Smart Energy Challenge can be in the following 3 areas:
- Power Generation, e.g. new solar energy technologies, next-generation biofuels, etc.
- Energy For Transport, e.g. development of electric vehicles, platforms for electric vehicles to store energy and sell electricity to the power grid, etc.
- Energy Efficiency For Industry, e.g. improved cooling systems for data centres, combining and recycling waste heat generated from industrial processes into electricity, etc.
How much? - Up to S$5 million for each project approved under the Smart Energy Challenge:
- at least 75% of the funding awarded must be used to carry out research activities in Singapore
- up to 25% of the funding awarded may be used for research activities overseas
- Private sector companies can claim up to 70% of qualifying direct costs.
- Not-for-profit organisations, IHLs and public sector agencies can claim up to 100% of qualifying direct costs.
- Direct costs include manpower, equipment, intellectual property, materials and consumables, living allowances, subcontracting expenses, etc.
- Indirect costs include overhead expenses (e.g. utilities, lease, insurance, consultancy fees, etc.). Only not-for-profit organisations, IHLs and public sector agencies can claim up to 20% of qualifying indirect costs.
Smart Energy Challenge (SEC) - To seek innovative energy ideas, the SEC was launched on 16 November 2009. SEC draws its funds from ERDF and is administered by the ERDF Secretariat.
- SEC opened 20 November 2009 and will close at 4 p.m. on 20 February 2010.
Things to note - Your project should not take more than 3 years to complete.
- Projects with 100% of their research activities in Singapore will be given priority.
- You cannot withdraw a proposal after the closing date.
For more info Energy Research Development Fund (ERDF) Energy Market Authority (EMA)
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