Innovators invited into $250m initiative

Innovators across the Greater South East Melbourne region are invited to take part in a new world-leading industry-led $250 million initiative by the Net Zero Cities Cooperative Research Centre (CRC).

Greater South East Melbourne is the only Victorian region taking part in the initiative. This also includes councils that are part of the climate change alliance SECCCA (South East Councils Climate Change Alliance).

Expressions of interest are being sought from technology providers, developers, utilities, engineers, urban designers, investors, and other innovators across the region who want to commercialise net-zero innovations, products and ideas.

The initiative connects industry, government and research partners through a deep collaboration to commercialise digital, circular and resilience innovation at scale in city environments, enabled by investment.

The deadline for expressions of interest is close of business on Friday 26 January.

More information is available in this link.

The Smart Cities’ market is expected to more than double from $US511.6 billion in 2022 to $US1024.4 billion by 2027, demonstrating a rapidly growing opportunity.

Implementing the circular economy and finding resilience solutions in city environments will bring new commercial opportunities across buildings, mobility, products and services and enable future carbon-positive and climate-proof living.

Together with the South East Councils Climate Change Alliance, GSEM has developed a roadmap to net-zero emissions across residential, commercial, industrial, transport, waste, and agricultural sectors.