Geelong-based Cross Laminated Offsite Solutions (CLOS) is one of 14 businesses to share $4.8 million of funding to cut waste and create new commercial opportunities for recycled products in Victoria.
Victorian Minister for Environment, Steve Dimopoulos, last week announced the successful recipients of funding from the Circular Business Support Fund and Circular Economy Innovation Fund.
Eight organisations received grants through the third round of the Circular Business Support Fund.
CLOS received more than $800,000 to expand operations to construct high-quality and affordable housing components such as wall and floor panels – which will help divert more than 2000 tonnes of waste from landfill each year. The project will also help to build new cost-effective homes at a faster rate and create 40 new jobs.
The third round of the Circular Economy Innovation Fund awarded six grants to support organisations research and develop new ways to improve their recycling capacity.
RMIT University received a $165,175 grant to develop a series of guides for the fashion industry to help product development and design teams incorporate more sustainable systems – including reducing textile waste and improving the useable life of clothes.
“We’re collaborating with businesses to improve Victoria’s recycling capacity – we have less waste and pollution,” Dimopoulos said. “The projects we’re supporting will create more than 425 jobs and avoid 165,000 tonnes of waste a year.”
In total, the Circular Business Support Fund and Circular Economy Innovation Fund has supported 49 projects through more than $11 million of funding – backed by the government’s $515 million investment to deliver the biggest ever transformation of the waste and recycling sector in the state’s history.
To learn about the funded projects, visit cebic.vic.gov.au/funded-projects.