Vic launches recycling grants program

Sustainability Victoria, on behalf of the Victorian Government, has made grants available that support Victorian businesses, research institutes and industry working to create new business opportunities with recycled materials.

The grants are being issued as part of the two-year $5 million Recycling Victoria Markets Acceleration Fund, which focuses on projects that make use of paper, cardboard, tyres and glass — all of which are subject to the national waste export bans. Funding will also be available for projects that use emerging materials such as e-waste and textiles. The grants will be used to help commercialise innovative products or processes that use recycled material, leading to an increase in demand for and update of recycled products in Victoria.

“By creating new markets and new business opportunities for recycled materials we are elevating waste as a valuable resource and diverting it from landfill,” said Paul Murfitt, Director – Industry & Infrastructure, Sustainability Victoria. “Our goal is to divert 80 per cent of waste from landfill by 2030.

“The grants program will facilitate partnerships between research institutes and industry to identify new products containing recycled materials for use in different sectors of the Victorian economy, helping a diverse range of Victorian businesses grow, and support local jobs and industry.”

The funding is being provided as part of a $30.46 million Markets Acceleration Package, which in turn is driven by the Victorian Government’s Recycling Victoria Policy, a $380 million action plan and investment set up to change the state’s recycling sector.

More information about the Recycling Victoria Markets Acceleration Fund is available at: https://www.sustainability.vic.gov.au/grants-funding-and-investment/grants-and-funding.

Image credit: ©stock.adobe.com/au/Chanchai