Sustainability Victoria has launched round 2 of the Business Support Fund that supports the development and implementation of Circular economy Business models and practices that avoid waste generation in Victoria. This fund is part of the Victorian Government’s Recycling policy, which targets reducing total waste generations by 15% per capita by 2030.
Applications are open from the 25th of May until the 7th of July 2022. Projects avoiding more than 500 tonnes of waste per annum qualify for grants between $50,000 to $500,000, and over 7500 tonnes of waste per annum qualify for grants between $50,000 to 1,000,000.
This grant is eligible for businesses, industry groups and associations, and a co-contribution of $1:$1 (SV:Applicant) will be applied.
The main objective of this fund is to avoid waste in Victoria by improving materials efficiency and upcycling. In addition, creating new direct jobs will be viewed favourably. Purchasing, installing and commissioning infrastructure, plant and equipment or other assets are one of the activities to focus on.
Projects eligible for funding include those that:
- avoid waste of products and materials
- extend the useful life of products
- increase shared use, access or ownership of products
- replace products with services
- produce products and services using less materials
- upcycle pre-consumer food or Textile waste.
Before applying, we recommend conversing with one of the Waste Initiatives consultants and attending an information session hosted by Sustainability Victoria.
Contact us right now.