WRAP Wales has launched funding for innovative commercial and industrial waste projects.
Small and medium sized enterprises can now apply for grants of up to 40% of the capital cost of their project from WRAP Cymru’s Large Scale Infrastructure Fund. The fund focuses on commercial and industrial wastes, and in particular organics (excluding paper and card), plastics, treated/contaminated wood, WEEE, textiles, flooring, tiles, insulation and composites.
To be eligible for a grant facilities must be based in North West Wales, West Wales or the South Wales Valleys, and businesses must have a turnover of less than €50m and fewer than 250 employees.
Businesses are expected to demonstrate that they will use innovative technology, or use conventional technology in an innovative way. The typical award size is between £250,000 and £500,000.
WRAP Cymru European projects manager Bettina Gilbert said that WRAP Cymru was serious about supporting small and medium reprocessors in Wales.
“We recognise that many small businesses find it difficult to secure capital, and hope that this grant will help encourage greater investment in this important sector,” she said.
“Investing in reprocessing infrastructure can deliver social and economic as well as environmental benefits, which is why this funding targets those regions of the country most in need of an economic boost. In addition our funding for recycling collections and manufacturers means new sources of recyclate for reprocessors and a larger domestic market for recycled materials.”
The fund forms part of WRAP Cymru’s ARID programme, which aims to create around 100 jobs in Wales’ most economically deprived areas by investing in innovative facilities for reprocessing waste. The funding will also divert over 270,000 tonnes of waste from landfill.
ARID is funded by the European Regional Development Fund through the Welsh Government. As well as reprocessing infrastructure, it funds business recycling collections delivering high quality recyclate for reprocessors, and helps grow the domestic market for recycled content through grants for manufacturers using recycled materials.
Businesses interested in applying to the Large Scale Infrastructre Fund can attend one of two events, in Abercynon on 1 March and Conwy on 7 March, to learn about the new streamlined application process and have the opportunity to talk to a WRAP Cymru Business Account Manager.
Applications must be submitted by 30 April 2013 - official site here.