The Allan Labor Government is supporting businesses to cut waste and create new commercial opportunities for recycled products.
Minister for Environment Steve Dimopoulos announced 14 successful recipients would share $4.8 million of funding from the Labor Government’s Circular Business Support Fund and Circular Economy Innovation Fund.
Eight organisations received grants through the third round of the Circular Business Support Fund – helping businesses enhance their ability to reduce waste and improve recycling capacity.
Geelong-based business Cross Laminated Offsite Solutions (CLOS) received over $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 two thousand 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.
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 Labor Government’s $515 million investment to deliver the biggest ever transformation of the waste and recycling sector in our state’s history.
To learn about the funded projects, visit cebic.vic.gov.au/funded-projects
“Avoiding waste will give Victorian businesses a competitive edge – boosting productivity and reducing waste left in landfill,” said Christine Couzens MP for Geelong.