SV extends Recycling Victoria Infrastructure Fund EOI

SV extends Recycling Victoria Infrastructure Fund EOI

Sustainability Victoria has extended its Recycling Victoria Infrastructure Fund expressions of interest period to support projects aimed at improving recycling and local reprocessing of paper and cardboard, plastics and glass.

According to a Sustainability Victoria statement, local government authorities are now eligible for the grant, with expressions of interest extended to 8 May.

“By extending the closing date of the expressions of interest we are optimistic this will be beneficial to all stakeholders and the funding program,” the statement reads.

Funding is available for infrastructure projects (new infrastructure or upgrades) that increase the capacity and capability of Victoria’s resource recovery sector and/or improve the quality of available materials for reprocessing and remanufacturing.

Eligible projects include infrastructure and equipment for new facilities, upgrades or expansions to support greater sorting and decontamination of recovered priority materials.

Additional eligible projects include infrastructure and equipment for new facilities, upgrades and expansion to enable reprocessing of materials to a higher quality suitable for manufacturers and end-markets, and infrastructure and equipment for the remanufacturing of recovered priority materials into new products.

Applicants may submit more than one application, however, each application must meet the eligibility criteria and demonstrate how its project addresses the merit criteria and objectives of the program.

“All streams of funding require a co-contribution from the applicant. Your organisation must make a minimum co-contribution of $1: $3 ratio (Government: Applicant) towards the total project cost,” the statement reads.

“Your project can receive funding from other government sources (including federal, state or local). However, this funding cannot be included in your co-contribution.”

Applicants will receive an outcome notification by June 2020, with successful applicants invited to submit a stage two business case by July. Grant recipients will be announced in December.

Funding limits: 

Paper and cardboard: up to 25 per cent of total project capital cost, capped at $8 million per project

Plastics and glass: up to 25 per cent of total project capital cost, capped at $3 million per project.

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