Projects will commercialise innovative products and processes with recycled materials and improve confidence in and demand for recycled products.
Sustainability Victoria today announced the launch of the Recycling Victoria Markets Acceleration Fund, a $5 million support package for Victorian businesses, research institutes and industry to develop and commercialise new uses for recycled materials.
Grants of between $30,000 and $400,000 will be awarded to projects that identify and develop new uses for recyclable materials in Victoria. Projects will commercialise innovative products and processes with recycled materials and improve confidence in and demand for recycled products.
The fund is designed to directly address materials subject to the national waste export bans – paper and cardboard, plastics, tyres and glass – but will also support solutions for other emerging materials streams such as e-waste and textiles.
Created to drive demand for recycled materials, the fund will:
Learn more about the Recycling Victoria Markets Acceleration Fund Stream 1 and Stream 2. Applications are now open and close at 11:59 pm on Thursday 2 June 2022.
An information session for Stream 1 will be held on Monday 9 May from 10 am to 11:30 am.
An information session for Stream 2 will be held on Tuesday 10 May from 10 am to 11:30 am.
The fund is part of a $30.46 million Markets Acceleration Package delivered under the Victorian Government’s circular economy policy, Recycling Victoria: a new economy, in partnership with the Environment Protection Authority and the Department of Environment, Land, Water and Planning.