The Recycling Modernisation Fund (RMF) Plastics Technology stream is currently accepting applications from 18 July 2023 until 13 November 2023. Its primary objective is to provide nationwide solutions for the effective recycling of hard-to-recycle plastics.
The objective is to:
Support a safe circular economy for plastics in Australia.
Promote collaboration across supply chains.
Significantly increase recycling and recovery rates of hard-to-recycle plastics.
Build confidence to invest in recycling infrastructure in Australia.
Ensure more waste plastic is remade into valuable new products.
Support long-term jobs and a more highly skilled workforce in the recycling industry.
Protect the environment through reduced plastic pollution.
The state and territory governments will collaborate with project members to develop applications.
Activities that qualify for eligibility
Advanced recycling projects focused on hard-to-recycle plastics.
Commercialization or scaling-up efforts for emerging and trial technology.
Technology development to extract plastics from products like e-waste, with the aim of producing high-value products.
Acquisition of equipment for both existing and new material or plastic recovery facilities.
Implementing end-to-end solutions for the plastics supply chain.
Applications must pertain to the following:
Developing new infrastructure, technology, processes, machinery, or equipment.
Enhancing or expanding existing infrastructure, technology, processes, machinery, and/or equipment.
Commercialization or scaling up to establish or augment existing capacity.
The Plastic Technology stream has a funding allocation of up to $60 million, with the possibility of additional contributions from certain state or territory governments.
Grants awarded through this stream range from $1 million to $20 million.
Applicants are required to contribute a minimum of 50% of the eligible project financial costs.
For further details on eligibility criteria, please refer to DCCEEW guidelines.
Take part in the initiative
State and territory governments will be the ones applying for funding while collaborating with you to develop the applications. You can apply as an individual, or you can join forces with others as a consortium.
First, carefully review the guidelines to confirm whether you and your proposed project meet the eligibility criteria.
Additionally, inquire about the involvement of the state or territory government in the location where your project is based. Some states and territories may also provide information about the types of projects they are inclined to support.
For further details on the application process, reach out to your respective state or territory government department. They will provide you with more information on how to proceed with your application. Moreover, if you need additional information about the R&D industry or guidance in navigating its complexities, don’t hesitate to contact Fullstack. We are more than willing to assist you!