Funding supports new uses for recycled materials

Photo by Alfonso Navarro on Unsplash.

Sustainability Victoria, on behalf of the Victorian Government, is helping drive demand for recycled materials, with grants now available to support Victorian businesses, research institutes and industry to create new business opportunities using recycled materials.

The two-year $5 million Recycling Victoria Markets Acceleration Fund will focus on projects using paper and cardboard, plastics, tyres and glass, which are all subject to the national waste export bans. Grants are also available for projects that focus on emerging materials such as e-waste and textiles.

Paul Murfitt, Director – Industry & Infrastructure, Sustainability Victoria, said these grants will help commercialise innovative products and processes that use recycled materials, which will increase both demand for and uptake 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 Mr Murfitt. “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 fund is part of a $30.46 million Markets Acceleration Package delivered under the Victorian Government’s Recycling Victoria Policy, a $380 million action plan and investment that is transforming the state’s recycling sector and setting Victoria up for a more sustainable future.

For more information about the Recycling Victoria Markets Acceleration Fund, click here.


Related Stories:

Interesting? Share this article