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The first businesses to benefit from the federal government's $1 billion grants program to help manufacturers cope with the carbon pricing include an insulation maker, an aluminium can plant and a number of wineries. Manufacturers awarded grants of up to $500,000 under the clean technology investment program have to match the government on a dollar-for-dollar basis. Businesses applying for all other grants under $10 million are required to contribute $2 for every $1 from the government. For grants of $10 million or more at least $3 must be contributed for each $1 received. The money must be invested in new equipment and processes that cut carbon emissions. Thirteen grants worth a total $8.1 million were announced on Thursday. They attracted co-investments of $23 mil…
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