Circular Economy Business Support Fund – Funded projects
The Circular Economy Business Support Fund grants are funded through the Victorian Government’s circular economy policy, Recycling Victoria: a new economy.
Two streams are included in Round 1 and 2 of this fund:
- Stream 1: Identification supports businesses, industry groups and associations to develop circular economy business models or practices with the potential to avoid waste in Victoria.
- Stream 2: Implementation supports businesses, industry groups and associations to implement circular economy business models or practices that will directly avoid waste in Victoria.
These projects will support Victorian businesses to reduce waste and extend the life and value of products and materials currently wasted. They are the next step in establishing a true circular economy in Victoria. The innovative business models will improve materials efficiency and deliver triple bottom line benefits to our environment, society and economy.
Round 3 aims to support projects that enhance the capability and capacity of Victorian industry to identify, implement, commercialise, and scale circular solutions. These projects prevent, minimise, or eradicate waste and pollution, while prolonging the use of products and materials at their highest value. Projects must improve the environmental outcomes of products, services, industries, supply chains, or systems, and contribute to Victoria's transition to a circular economy.
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Round 3 fund recipients
Announcement date: 17 November 2023.
All projects to be completed by: 15 December 2024.
Round 2 fund recipients
Announcement date: 19 October 2022.
Stream 1: Identification – 6 recommended projects received a total of $737,235.
Stream 2: Implementation – 2 recommended projects received a total of $545,027.
Round 1 fund recipients
Announcement date: 15 July 2021.
Stream 1: Identification –10 recommended projects received a total of $1.29 million.
Stream 2: Implementation – 5 recommended projects received a total of $2.35 million.
More information
Grants Support Representative
Sustainability Victoria