Circular Economy Councils Fund: Examples
Example – Timelines (Feasibility)
Outline the proposed timeline and key milestones for the project, include the organisation responsible. Ensure you consider approvals that may be required from regulatory authorities such as the EPA.
Note: Feasibility projects must be completed within 6 months of signing the SV funding agreement.
Example of timelines Example – Project costs (Feasibility)
The amount requested from SV can be up to $20,000 per applicant to scope the project viability of a local circular economy project or establish a business case. Collaborative partnerships can apply for up to $80,000, excluding GST.
Collaborative partnership projects are subject to the following caps:
- 1 Lead Applicant, 1 Project Partner – $40,000
- 1 Lead Applicant, 2 Project Partners – $60,000
- 1 Lead Applicant, 3 or more Project Partners – $80,000
Co-contribution requirement:
A financial (cash) co-contribution from the applicant is required. Co-contribution is required at a ratio of 1:1. Up to 100% of the co-contribution can be 'in-kind'. Refer to the definition of financial and in-kind contribution (see Definitions).
Provide an indication of costs for your project, excluding GST. Evidence of costs (e.g. tax invoice/s, financial statement or other evidence as agreed with SV) will be required for the SV funding agreement.
Example of project costs Example – Timelines (Implementation)
Outline the proposed timeline and key milestones for the project, include the organisation responsible. Ensure you consider approvals that may be required from regulatory authorities such as the EPA.
Note: Implementation projects must be completed within 24 months of signing the SV funding agreement.
Example of timelines for implementation Example – Project costs (Implementation)
The amount requested from SV can be between $80,000 and $250,000 per applicant with business case ready projects. Collaborative partnerships can apply for up to $500,000.
Co-contribution requirement:
A financial (cash) co-contribution from the applicant is required. Co-contribution is required at a ratio of 1:1. Up to 20% of the co-contribution can be 'in-kind'. Refer to the definition of financial and in-kind contribution (see Definitions).
Applicants must contribute a minimum 80% financial co-contribution. This can include funding from other government sources for up to 50% of the total financial co-contribution. However, contributions cannot include funding from other grants offered by Sustainability Victoria.
Provide an indication of costs for your project, excluding GST. Evidence of costs (e.g. tax invoice/s, financial statement or other evidence as agreed with SV) will be required for the SV funding agreement.
Example of project costs (implementation)