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Recycling Victoria Innovation Fund for Stream 2 Collaborative Innovation (Australia)

Deadline: 15-Nov-21

Applications are now open for the Recycling Victoria Innovation Fund for Stream 2 Collaborative Innovation to support Circular economy projects that design out waste to improve environmental and economic outcomes for Victoria.

Fund Objectives

The project must deliver at least 2 of these outcomes:

  • Creation of new Circular products and services
  • Avoidance of waste materials to any waste or recycling destination
  • Increase employment through Direct creation of Jobs.

Funding Information

  • Each project can receive a grant between $150,000 and $250,000.
  • The Lead Applicant and Collaborative Partners must together contribute at least $1 for every $1 funded (1:1 Co-contribution).
  • Co-contributions can be either financial (cash) or In-kind. At least 20% of the Co-contribution must be cash contribution.
  • Other grants cannot be used for Co-contribution.

What will be funded?

  • The project must focus on:

    • designing out waste from the make phase and/or use phase within multiple organisations of a specific supply chain, sector or region
    • an Innovation for Victoria (that is, it has not been done in Victoria before).
  • The Innovation could be a:

    • Business model Innovation – where a new product, process, service or system is created
    • technical Innovation – where a new technology is developed
    • social Innovation – where new capabilities, connections or relations are created.
  • The project must also:

    • start within 3 months after it’s announced that it has been awarded funding
    • primarily take place in Victoria – over 50% of activities should be in Victoria
    • be completed by October 2023.
  • Project activities can include:

    • business case development
    • design
    • experimental proof of concept
    • feasibility studies
    • ideation or concept generation
    • implementation
    • pilots, trials and demonstrations
    • prototyping
    • research.
  • The following project costs are eligible for funding:

    • capital costs (such as infrastructure or equipment)
    • new or existing staff costs (such as salaries) that are demonstrated to be directly related to the project
    • consultancy or contract costs
    • project management costs
    • project evaluation
    • other project execution costs.

Eligibility Criteria

  • Lead Applicant

    • The application must have one Lead Applicant.
    • The Lead Applicant must be from one of the following groups:

      • Businesses (including commercial or for-profit Businesses and Social Enterprises)
      • Charities
      • Industry Groups and Associations
      • Research Institutions.
    • The Lead Applicant must:

      • have a current Australian Business Number (ABN)
      • have been operating with the ABN for at least 2 years by the fund closing date November 15, 2021
      • meet or exceed the minimum Co-contribution requirements
      • agree to comply with the Terms of Participation in Grant Programs
      • agree to comply with the funding terms and conditions for grants over $50,000, as per the General grant funding agreement
      • lead the Collaborative Partnership according to requirements.
  • Collaborative Partner(s)

    • The application must have at least 3 Collaborative Partners. Related Entities of the Lead Applicant will not count towards the minimum Collaborative Partner requirement.
    • The Collaborative Partner must be from one of the following groups:

      • Businesses (including commercial or for-profit Businesses and Social Enterprises)
      • Charities
      • Community organisations or groups
      • Government or local government organisations
      • Industry Groups and Associations
      • Other Not-for-profit Organisations
      • Research Institutions.
    • The Collaborative Partner(s) must:

      • have a direct, clear role in the project
      • have a current ABN
      • have a demonstrated contribution (in-kind or financial contribution) to project delivery.
    • Each Collaborative Partner must provide a letter of support (or equivalent) that is signed by an authorised representative. It should detail:

      • their commitment to be publicly announced as a Collaborative Partner should funding be awarded
      • their roles and responsibilities in the project
      • the amount of cash or In-kind Contribution that has been committed to the project.

For more information, visit Sustainability Victoria.

For more information, visit https://www.sustainability.vic.gov.au/grants-funding-and-investment/grants-and-funding/recycling-victoria-innovation-fund-round-2-stream-stream-2-collaborative-innovation