Sustainability VIC – Hazardous waste (solvents) grant
Sustainability Victoria has launched funding for Victorian infrastructure projects that can help improve solvent recycling from hazardous waste.
Grants are available to support up to 25% of total project capital costs, up to $6 million per project.
- VIC located businesses, that also service the VIC market
- Propose a project that will demonstrate potential to increase the volume of solvents recycled from liquid hazardous waste
- 1:3 co-contribute funding i.e. for every $1 of funding, the project must co-contribute at least $3
- Submit EOI by Friday, May 8th 2020 by 3pm
- Have a commissioned and operational project by March 30th, 2024
What is eligible for funding?
Up to 25% of total project capital costs are eligible for funding, with a maximum of $6 million of funding per project.
Projects that provide infrastructure focused on recycling solvents from liquid hazardous wastes, including management of associated secondary wastes are eligible.
Example of infrastructure projects and eligible costs may include:
– Infrastructure capital costs for the purchase, installation and commissioning of equipment
– Pre-construction activities such as site clearing, earthworks or site accessibility works directly associated with the installation of new equipment
– Construction or modification of buildings to house new equipment
Note: you may submit more than one application, however each application must meet the eligibility criteria and the project must demonstrate how it addresses the merit criteria and objectives of the program.
What companies are eligible for funding?
Victorian located businesses, that also service the Victorian market.
Is this grant competitive or entitlement based?
Competitive. Applications will be assessed by a panel, who will then shortlist preferred projects and invite them to submit a full application and a business case. From there funding will be allocated based on which projects have the most merit for funding.
How can I increase my chances of winning this grant?
By engaging an accredited government grants consultant, such as Avant Group.
Competitive grants often require significant business case development and project analysis to support the application, this may include detailed presentations supporting the project’s merit, projected sales, cost-benefit analysis and more.
As part of your engagement with Avant Group, your account manager will assess the required documents and will provide the following as needed to support your grant submission.
• Grant application writeup including a detailed presentation illustrating how the grant funding will contribute to your project, how the funding will contribute to the project’s budget, a project milestone plan, delivery timeline, impact on employment if applicable and a breakdown of the management and leadership team for the project
• Industry analysis presentation
• Competitor Analysis Presentation
• Marketing and Sales Analysis Presentation
• 3-5 year Cashflow Forecast
• 3-5 year Balance Sheet Forecast
• Cost-Benefit Analysis of Grant Funding
• End-to-end grant application including information collating, analysis and application writing
• CAPEX (Capital Expenditure) cost-benefit analysis
• Stakeholder relations and Risk Mitigation Plans
• Any other relevant forecasting that will support your application
How can I get help with my application? Or know if I’m likely to win funding?
Avant Group offers a no-obligation assessment of your eligibility for funding and will assess your likelihood of a successful grant application.