Sponsoring Agency: City of Melbourne
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 04/06/2021
Size of the Fund: Less than USD $50,000
City of Melbourne’s Waste and Resource Recovery Strategy 20301 commits the city to delivering the Waste Minimization and Innovation Fund (the Fund). The fund aims to stimulate innovation and support waste minimization initiatives that meet the strategic aims of the Waste and Resource Recovery Strategy 2030.
The circular economy innovation grant forms part of the Fund and champions circular economy innovation and fosters new ways of reducing Melbourne’s waste impact.
A circular economy:
• designs out waste and pollution
• keeps materials in use at the highest value for as long as possible
• returns materials to the economy through efficient recycling processes
• minimizes environmental impacts by reducing consumption of finite natural resources and limiting the amount of waste to landfill
• considers the waste hierarchy, prioritizing waste avoidance over disposal options such as recycling.
The grant provides funding to startups (including social enterprises), non-food small businesses, small social enterprises and small to medium food businesses to develop innovative circular economy ideas.
The circular economy innovation grant is designed to support startups, small businesses, small social enterprises and small to medium food businesses and allows the City of Melbourne to:
• work towards achieving the goals of the Waste and Resource Recovery Strategy 2030,
• support a bold, inspirational and sustainable startup community,
• help startups and entrepreneurs reach their full potential.
• Three streams of funding are available:
o Stream 1: up to $2,500 funding. Open to small non-food business, small non-food social enterprise, startups and small to medium food businesses. Stream 1 offers a circular economy focused skills development, including mentorship sessions and optional impact reporting course that will enable organisations to measure the impact of their projects on circular economy.
o Stream 2: up to $5,000 funding. Open to small non-food business, small non-food social enterprise and startups. Stream 2 offers funding for ideas development activities such as product research, piloting, prototype development and scale-up activities.
o Stream 3: up to $5,000 funding. Open to small to medium enterprise food businesses. Stream 3 offers funding to implement projects that will reduce the volume of organic waste created and divert unavoidable organic waste away from landfill.
• Applicants are able to apply for multiple eligible funding streams, with each stream application assessed independently. Applicants may be awarded none, one, or two of their nominated streams.
• The total maximum value an applicant may receive is $7,500 ex GST.
• All projects must be completed by 31 March 2022, and acquittals returned by 31 May 2022.
To be eligible to apply for funding through the circular economy innovation grants, applications must meet the following criteria:
• Applicants must either:
o be a small social enterprise with 20 or fewer workers, or
o be a small business with 20 or fewer workers, or
o identify as a startup (including social enterprise startups) with 20 or fewer workers, or
o be a small to medium sized food business with 199 or fewer workers.
• For the purpose of these grants, City of Melbourne defines a small social enterprise as an organization employing fewer than 20 people.
• For the purpose of these grants, City of Melbourne uses the Australian Bureau of Statistics (ABS) definition of small business as a business employing fewer than 20 people, Non-employing businesses (sole proprietorships and partnerships without employees), Micro-businesses (businesses employing between 1 and 4 people including non-employing businesses).
• For the purpose of these grants, City of Melbourne uses Launch Vic’s definition of a startup as being a ‘business with high impact potential that uses disruptive innovation and/or addresses scalable markets’.
• They are businesses in the early stages of formation, developing an idea into a functioning business that meets market needs and is able to grow. In addition, the startup must have 20 or fewer workers.
• For the purpose of these grants, City of Melbourne uses the Australian Bureau of Statistics (ABS) definition of medium business as a business employing fewer than 199 people.
• For the purpose of these grants, a food business is defined as a business that is currently registered as a food business with the City of Melbourne under the Food Act 1984.
• In addition, all applicants must either:
o be currently located within the City of Melbourne municipality, or
o planning to relocate to the City of Melbourne municipality in the next 3 months and able to provide evidence of relocation.
• Applicants must demonstrate how their project will benefit the City of Melbourne municipality and how the project will deliver against the aims of the Waste and Resource Recovery Strategy 2030.
More information at: https://www.melbourne.vic.gov.au/about-melbourne/sustainability/Pages/waste-minimisation-innovation-fund.aspx