Companies, councils vie for resource recovery funds

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Around 100 businesses and councils have been invited to submit a detailed application for the first stream of the Palaszczuk Government’s $100 million Resource Recovery Industry Development Program.

Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said the interest generated through the expression of interest (EOI) phase – which drew 120 submissions – boded well for the success of the program.

“To see so many EOIs submitted shows the enthusiasm that exists to help change the face of Queensland’s resource recovery industry,” Mr Dick said.

“We’re on the cusp of a recycling, resource recovery and biofutures industry revolution – one which will deliver significant job and supply chain opportunities for our state.”

“The $100 million funding has been allocated over three years, and will propel the development of a high-value resource recovery and recycling industry in Queensland.

“It will result in more waste being diverted from landfill, and is an important step on our journey towards a zero-waste future.”

Stream one is a rounds-based capital grants stream, with dollar-for-dollar grants available from $50,000 to $5 million to provide funding for infrastructure projects and capital investments that facilitate waste and landfill diversion, and increased recycling activities.

Eligible organisations have been invited to submit detailed applications for stream one by 5pm, Friday 23 November. These applications will be assessed against assessment criteria, with funding recipients announced in early 2019.

Stream two is designed to attract or expand major resource recovery operations, while stream three offers support to secure investment for proposed projects that contribute to the growth of the biofutures and resource recovery industries.

More information can be found via the Resource Recovery Industry Development Program webpage.

Minister for State Development, Manufacturing, Infrastructure and Planning
The Honourable Cameron Dick

 
Department of State Development : Queensland Government :
Level 1, 63 George Street, Brisbane
Department of State Development  :  Queensland Government
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