An additional round of funding under the Recycling Modernisation Fund has been made available by the Northern Territory (NT) Government to address waste infrastructure gaps in regional and remote areas of Australia.
In particular, Round 2 of NT RMF provides $1.47 million in funding support for industry infrastructure expansions or upgrades to address the Northern Territory’s gaps in recycling, reprocessing or remanufacturing capacity materials such as plastic, paper, cardboard, tyres and glass.
Grants of at least $20,000 will be made available to businesses, local government and not-for-profit organisations on a 50:50 co-contribution basis.
Interested applicants must hold a valid Australian business number and have been operating under that number for at least one year.
The funding will be allocated to organisations that agree to carry out an eligible project with any grant funding provided to it and can financially commit and have the authority to co-fund at least 50 per cent of the total eligible project costs.
Applicants must also demonstrate a history of compliance with all legal requirements from the application date.
Furthermore, the operation of the project must be in the NT with the goal to increase the capacity for domestic sorting, processing, recycling or remanufacturing of materials.
Projects likely to receive favourable consideration should deliver new or improved resource recovery, recycling and remanufacturing infrastructure as well as demonstrate a long-term return (at least five years) on investment to the NT.
The chosen initiative must be completed and operational by 30 June 2024.
Applications will close Tuesday, 28 February 2023.
The Northern Territory Recycling Modernisation Fund is a joint initiative of the Australian Government and Northern Territory Government, providing $3.8 million in funding support for industry infrastructure expansions or upgrades to address gaps in the Territory’s waste recycling and diversion, reprocessing and remanufacturing capacity.
