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Jobs and innovation in resource recovery

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In the May 2016 State Budget, Sustainability Victoria was allocated $16 million to promote growth and investment in the resource recovery sector.

Of this $16 million, the following was allocated to funding support programs over four years, which are now in development:

  • $9.5 million Resource Recovery Infrastructure Fund
  • $7 million to support infrastructure development-
  • $1.26 million to support collaborative waste procurements by local councils
  • $205,000 for small-scale investments that result in increased resource recovery
  • $2 million for energy-from-waste infrastructure

Grants will be administered by Sustainability Victoria, on behalf of the Sustainability Fund.

All existing Sustainability Victoria funding opportunities (including those recently closed but not-yet-announced) can be found in our Funding section.

Learn about SV's Infrastructure Grants Learn about Social Impact Investment

Current funding opportunities

Name Resource Recovery Infrastructure Fund - Infrastructure Grants
Potential Value Co-contribution

Grants between $40,000 and $500,000 for infrastructure development.

Eligible Businesses

Will support the development of infrastructure which improves the collection and processing of recycled materials. The program seeks innovative projects that will increase jobs in the resource recovery industry while also increasing the recovery of priority materials.

Scope

Projects which target organics, rigid and soft plastics, and e-waste as priority materials. Projects addressing the future resource recovery infrastructure opportunities identified in the Metropolitan Waste and Resource Recovery Implementation Plan will also be supported.


Name Social Impact Investment for Sustainability
Potential Value Co-contribution

Investment-ready social enterprises can apply for up to $200,000 as a combination grant and low interest (2.5%) loan to scale up (expand) their operations.

Eligible Businesses

The Victorian Government is supporting investment-ready social enterprises to create new jobs and training opportunities, respond to climate change, avoid and recover waste and improve resource efficiency in the Victorian community.

Scope

The Social Impact Investment for Sustainability program is merit-based and involves two stages – an Expression of Interest (EOI), followed by a comprehensive financial assessment to be conducted by Foresters Group. The amount of funding allocated may be negotiated with successful applicants based on the applicant’s capacity to repay the loan.