NRFC Economic Resilience Program

NRFC Economic Resilience Program

Offers zero-interest resilience loans for Australian entities through the NRFC Economic Resilience Program to recover from market disruption and support operations.

The NRFC Economic Resilience Program (ERP) is a AUD 1 billion sub-fund of the National Reconstruction Fund Corporation, established under the NRFC Act 2023 and formally opened on April 20, 2026. The program offers zero-interest loans — not grants — to Australian companies impacted by market disruptions, with rising fuel prices identified as the specific trigger for the program's creation. The ERP is one of three distinct sub-funds alongside the Net Zero Fund and the Forestry Growth Fund, each carved out from NRFC's total AUD 15 billion mandate.

The ERP targets for-profit and eligible non-profit Australian entities, with operations primarily based in Australia. Sector restrictions do not appear to exclude specific industries, though the program's framing around fuel-price impact suggests primary relevance to logistics, transport, manufacturing, and energy-intensive sectors. Loan terms and minimum or maximum loan sizes had not been published at program launch; applicants must contact NRFC for current parameters. The instrument is debt, carrying a zero-percent interest rate, and NRFC explicitly does not provide grants as a general policy — the zero-interest loan is the concessional element rather than a direct subsidy.

Applications are submitted through NRFC's online proposal form at nrf.gov.au/contact-us/your-proposal, following the standard six-step investment evaluation process. Given that the program opened in April 2026, deal flow data is not yet available in NRFC's public announcement archive. Companies affected by cost-of-fuel or supply-chain disruption events that can demonstrate an ability to repay the loan and a positive public policy outcome are the target applicant profile.