Investment Support Grants – Packaging

Investment Support Grants – Packaging

What is the Investment Support Grants – Packaging?

The Investment Support Grants – Packaging (ISGP) is a grant opportunity to  support Small and Medium Enterprises (SMEs), Not for Profits (NFPs) and social enterprises to pursue packaging waste reduction or recovery opportunities.

 

Background

The Investment Support Grants – Packaging objective is to support businesses and organisations that generate, recover or reuse packaging waste to transition to more circular business models or activities.

The fund supports purchasing of equipment and infrastructure to enable and accelerate the diversion of packaging waste from landfill. The fund will preference projects that create new products using packaging waste.

Projects must meet one or more of the following objectives:

  • Reduce generation of packaging waste.
  • Increase or improve recovery of packaging waste.
  • Manufacture packaging using recovered materials.
  • Manufacture new products using packaging waste.

The Investment Support Grants – Packaging aims to achieve the following outcomes:

  • 6,000 tonnes of packaging waste diverted from landfill
  • 30 new full-time equivalent (FTE) jobs created
  • at least 50% of grantees produce new products using packaging waste.

 

Funding

Grants of up to $50,000 are available.

Applicants must contribute at least $1 for every $1 funded. This co-contribution can be either financial (cash) or in-kind. For SMEs at least 75% of co-contribution must be in cash.

 

Eligible Projects

Projects must:

  • manufacture new products using packaging waste
  • reduce generation of packaging waste
  • increase or improve recovery of packaging waste
  • manufacture packaging using recovered materials.

Costs supported by funding include:

  • capital purchases – including infrastructure or equipment
  • expenditure items including other capital purchases that are directly related to the project.

Projects that receive Investment Support Grants – Packaging must:

  • deliver on at least one of the above project activities
  • divert or recover at least one of these materials – plastic, paper/cardboard or glass from landfill
  • be located or service Victoria
  • meet regulatory or planning requirements
  • be completed within 12 months of contract signing.

You can submit multiple applications. Each application must be for a different project. An application must not be for multiple projects.

 

Eligible Applicants

Eligible organisations are:

  • Small to medium enterprise (SMEs) with under 200 full-time equivalent (FTE) employees
  • Not-for-profit organisations
  • Social enterprises

Applicants must:

  • have a current Australian Business Number (ABN)
  • have been operating for a minimum of 12 months by the application closing date (to be validated by the date that the organisation’s ABN is active from)
  • meet or exceed the minimum co-contribution requirements
  • agree to comply with the Terms of Participation in Grant Programs
  • agree to comply with the funding terms and conditions:
    • for grants $50,000 or less read the short-form grant funding agreement.

 

Timing

Applications close 30 September 2021.

 

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