Supports innovative circular economy opportunities for businesses in Victoria.
Prior to 1 July 2022, this fund was named the Recycling Victoria Innovation Fund.
These opportunities are aligned to the principles of:
There are two streams within the Innovation Fund:
GuidelinesView the program guidelines.
Information bulletinFor our responses to questions not addressed on this page or in the guidelines, view the Information bulletin.
On this page
$1:$1 (minimum). Co-contribution can be made as cash or in-kind. Up to 80% of the applicant’s co-contribution can be in-kind.
The application must include at least two organisations.
In such a group application (known as ‘collaborative partnership’), the main organisation responsible for delivering the project is the lead applicant, and the others are the project partners.
To be the lead applicant, you must be one of the following:
To be a project partner, you can be from the above categories or one of these:
You must also:
The Innovation Fund will support collaborative partnerships about innovative and commercial solutions that deliver the following for Victoria:
For Stream 1: Food Innovation, the project must deliver on at least one of the following:
Other requirements for both Streams 1 and 2 include:
The projects may be focused on:
Stream 1: Food InnovationGrant amount per project: $75,000 to $150,000
Stream 2: Collaborative InnovationGrant amount per project: $150,000 to $450,000
Co-contribution is required.
For our responses to questions not addressed on this page or in the guidelines, view the Information bulletin.
Recycling Victoria (PDF, 1.7MB) a is a ten-year policy and action plan to transform how our economy uses materials. The policy will assist business to generate less waste through:
This will create value for Victorians through increased access to:
The Recycling Victoria policy defines circular economy as:
“A circular economy continually seeks to reduce the environmental impacts of production and consumption, while enabling economic growth through more productive use of natural resources.
It allows us to avoid waste with good design and effective recovery of materials that can be reused.
It promotes more efficient business models that encourage intense and efficient product use, such as sharing products between multiple users, or supplying a product as a service that includes maintenance, repair and disposal.
The value people obtain from the resources used to create goods and services increases.
It transforms our linear economy mindset—take, use and throw away—and fosters innovation and productivity that invigorates existing businesses and creates new ones, delivering more jobs and more growth for local, regional, state and global economies.”
Grants Support RepresentativeSustainability Victoria