NRMA Insurance Help Fund – Innovation Stream

Purpose and Program Overview

The NRMA Insurance Help Fund is a program that supports climate resilience across Australia. The Innovation Stream of this fund provides grants for solutions that help communities prepare for extreme weather. The goal is to support new ideas that can have a positive impact on safety and preparedness.

The NRMA Insurance Help Fund – Innovation Stream intends to build community resilience. It supports innovators and start-ups who are developing products or services for this purpose. NRMA Insurance has partnered with Climate Salad to deliver a support program. This program gives grant recipients access to mentoring, industry connections, and expert guidance.

The initiative plays a broader role in supporting innovation within the climate technology sector. It helps to accelerate the development of solutions that can assist Australians in the face of increasing extreme weather events. The program offers financial support and a structured support program.

Key Grant Details

• Grant amount or funding range: Successful applicants will receive a one-off grant of between $50,000 and $100,000.
• Application open and close dates: Applications close on 31 August 2025.
• Eligible industries or business types: The grant is for innovators and start-ups focused on climate resilience solutions.
• Required co-contributions: The guidelines do not state any required co-contributions.
• Location/state/territory applicability: The grant is for businesses in Australia.

Priority Sectors

The grant is focused on innovation that supports climate resilience. This includes solutions that help communities prepare for the impacts of extreme weather.

Funding Scope

• Minimum and maximum amounts per stream: The funding is a one-off grant. The minimum amount is $50,000, and the maximum is $100,000.
• Categories or streams of funding: Funding is provided through the Innovation Stream. It supports innovative solutions, and the money can be used to fund development, business growth, and related activities.
• Project timeline or eligible funding duration: The grant recipients will participate in a six-month support program.

Grant Amount in Total

The total funding pool is not stated. Up to six successful applicants will be selected. Based on the grant amount per entity, the total fund is between $300,000 and $600,000.

Eligibility Criteria

• Business structure or size: The grant is for companies and innovators. It is aimed at start-ups.
• Registered business location: Businesses must operate in Australia.
• ABN/GST status: An Australian Business Number is required.

Eligible Activities and Expenses

NRMA Innovation Stream is a grant supports innovative solutions related to climate resilience. Eligible expenses and activities include:

• Research and development of new products or services.
• Business development.
• Staffing costs related to the project.
• Marketing and promotion activities.

Assessment Process

The grant is competitive. Up to six applicants will be selected. The final assessment stage involves a panel of experts and industry leaders. They will meet with shortlisted companies to learn more about their projects.

• Impact potential – measurable reduction in extreme-weather vulnerability
• Commercial viability – clear path to scale and revenue
• Team capability – relevant expertise and track record
• Alignment with NRMA Insurance and Climate Salad objectives

Recent Program Updates NRMA Innovation Stream

This is the first year of the NRMA Insurance Help Fund Program’s Innovation Stream. It is a new initiative for 2025.

Application Tips

• The grant is highly competitive, as only a few applicants will be chosen.
• Be sure your project directly helps communities prepare for extreme weather.
• The application form and terms are online. Be sure to read all the details.
• The program includes a six-month support program. Show how you will use this support to grow your solution.

Where to Get Help