The Energy Innovation Research Programme supercedes the previous Clean Energy Research Programme (CERP) with similar goals to promote and support R&D in clean energy technologies through a competitive bidding process. Each bidding round will seek applications in specific technology areas.
Institutes of Higher Learning (IHLs), public sector agencies and not-for-profit organisations qualify for up to 100% funding support of approved direct qualifying costs of a project.
Private sector companies qualify for up to 70% of the approved direct qualifying costs of a project. Only IHLs and not-for-profit entities can receive support for indirect costs. These include up to 20% of qualifying costs for overhead costs and an additional support of up to 10% to support intellectual property protection and commercialisation activities.
The projects must provide regular updates, and submit regular progress reports. The budget that has been allocated by the National Research Foundation to EIRP is S$140 million, and this is in addition to the $56.82 million that was committed under CERP.