Victorian Circular Economy Recycling Modernisation Fund – Funded projects

Last updated: 14 May 2024
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Number of recipients to date: 27
Total funding awarded to date: $68,013,220
All projects to be completed by: 31 May 2025
Prior to 1 July 2022, this fund was named the Recycling Victoria Recycling Modernisation Fund.

Australian Government Recycling Modernisation Fund

The Recycling Modernisation Fund is an Australian Government initiative that is investing over $190 million to expand Australia’s capacity to sort, process and remanufacture recycled materials such as plastic, paper, cardboard, tyres and glass. The fund will assist Australia to respond to the national regulation of waste exports.

An additional round of Regional and Remote funding under the Recycling Modernisation Fund was also made available to address waste infrastructure gaps in regional and remote areas of Australia. This funding will increase the sorting, processing, and manufacturing or remanufacturing capacity of regional and remote locations.

The Recycling Modernisation Fund is being distributed by state and territory governments. Funding allocated to Victoria from the Recycling Modernisation Fund will be delivered via the Victorian Circular Economy Recycling Modernisation Fund.

For more information, visit the Department of Climate Change, Energy, the Environment and Water.

Funding for infrastructure projects (new infrastructure or upgrades) that:

  • address materials subject to the Australian Government’s regulation of waste exports
  • increase the capacity and capability of Victoria’s resource recovery sector and/or
  • improve the quality of available materials for reprocessing and remanufacturing.

$4.7 million was awarded to 5 infrastructure projects under Round 1 of the Victorian Circular Economy Recycling Modernisation Fund.

$20.6 million has been awarded to 10 projects under Round 2 of the Victorian Circular Economy Recycling Modernisation Fund, including 2 projects awarded funding under the Recycling Modernisation Fund – regional and remote funding round.

$310,000 has been awarded to 2 projects under Round 3 of the Victorian Circular Economy Recycling Modernisation Fund.

$3.4 million has been awarded to 6 projects under Round 4 of the Victorian Circular Economy Recycling Modernisation Fund. This includes $253,470 awarded to one project being delivered under the Market Acceleration Program and co-funded through the Reycling Modernisation Fund.

The Victorian and Commonwealth Governments are also jointly providing $39 million to 4 additional projects.

The projects funded will create almost 320 ongoing full-time jobs and process up to 360,000 tonnes of glass, plastic, and paper and cardboard waste each year. In addition, projects targeting an increase in the quality of recycled products will improve up to 56,000 tonnes per year for reuse into new products.

These projects were co-funded by the Victorian Government and the Australian Government.

For background, view the Materials recycling infrastructure funding guidelines.

Fund recipients

More information

This grant program is closed, but you can email us if you have any queries.