Document ID: chunk:federal_register_of_legislation:F2008L03036:body:0:p2
Version: federal_register_of_legislation:F2008L03036
Segment Type: other
Provision Reference: 
Character Range: 2824–6047

merit ranking by the Board in accordance with the Climate Ready Program Guidelines.

eligible project means a project that:
(a) aims to produce, commercialise or establish the commercial or technical viability of a new, clearly identified product, process or service that will address the effects of climate change; and
(b) must involve eligible activities.

innovation means the process whereby ideas are transformed, through economic activity, into sustainable, value-creating outcomes. It can generate changes in output such as new products and/or processes and/or services.

Minister means the Minister for Innovation, Industry, Science and Research.

program refers to the Climate Ready program unless otherwise indicated.

Program Delegate means an employee of the Department who has been empowered by the Minister, or otherwise duly authorised, to carry out the relevant function in respect of the Climate Ready program.

proof-of-concept activities means the steps necessary to establish the commercial and technical viability of a product, process or service.

proposed project activities mean all eligible activities that are proposed to be undertaken by or on behalf of the applicant.

recipient means an entity that is entitled to receive funding under the program pursuant to an agreement between the entity and the Commonwealth.

research and development activities mean the systematic, investigative and experimental activities that involve innovation, technology transfer into Australia or technical risk.

    (2) In these directions, 'may' is permissive and not mandatory.

PART 2 – ASSESSMENT AND MERIT RANKING OF APPLICATIONS

Procedure

    5.             (a)  Subject to clause 6, the Board will assess eligible applications and provide a merit  ranking of those applications to the Program Delegate.
    (b) The Board must consider eligible applications as soon as practicable after those  applications have been provided to the Board.

Board may decline to provide merit ranking

    6.             The Board may decide to refuse to provide a merit ranking in respect of a particular applicant if it is not satisfied:
    (a) with the level of merit of an eligible application in relation to one or more of the  merit criteria; or
    (b) that the activities described in the eligible application are eligible activities and the  project is an eligible project.

Assessment of applications

    7.             Subject to clause 6, the Board must assess each eligible application on its merit according to the extent to which the application meets the merit criteria.

Merit criteria

    8.             The merit of eligible applications must be assessed against the following criteria:

Criterion 1:  Applicant management capability

    The applicant may indicate merit by demonstrating:
         *           key management personnel have appropriate expertise and a solid track record in:
                 + project management
                 + commercialisation management, and
                 + business management, including human resources and financial management;
         *           a core business directly relevant to the project;
         *           a company