Built Environment sector gets boost with $100m gov't grant

SMEs may receive up to 70% funding support.

The government launched a $100m Built Environment Technology and Capability (BETC) grant to support the industry for the next transformation phase in the Built Environment (BE) sector.

The grant will be available for application on the Business Grants Portal starting 1 April 2025. BE firms, including developers, main builders, sub-contractors, consultants, prefabricators, and suppliers can apply.

Small and Medium-sized Enterprises (SMEs) may receive up to 70% funding support, whilst non-SMEs may receive up to 50% funding support in the first two years.

Applicants must demonstrate how they plan to apply the new capabilities they aim to develop.

They must outline how this would align with their company’s longer-term goals with capabilities and transformation outcomes surpassing relevant industry standards.

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