Paving the way for a more sustainable economy, the Victorian government will be backing initiatives that give packaging waste a second life by converting it into new products such as toys and shopping baskets.
Funding grants of up to $50,000 are available to help businesses develop new ways to reduce, reprocess or remanufacture packaging waste, with a total funding purse of over $450,000.
The grants will support innovation that helps create new products from packaging waste. It's estimated this will divert 6000 tonnes of packaging waste from landfill, while creating 30 full-time jobs.
“Packaging is necessary for storage and to keep food fresh, but it also makes up one-third of waste in landfill,” said Lily D’Ambrosio, minister for Energy, Environment and Climate Change.
“We’re actively encouraging small to medium business, not for profits and social enterprises to think outside the box, and come up with new ways to reduce and use packaging waste.
“These grants will help to reduce waste, create jobs, pave the way toward a more circular economy and help tackle climate change.”
This is the second round of funding available to small to medium businesses, not for profit organisations and social enterprises.
These funds are part of the government’s $515 million investment to transform the waste and recycling sector, including $380 million towards Recycling Victoria: a new economy, helping to position the state as the national leader in recycling.
