Can your business use recycled products? There may be up to $250,000 in grant funding available for you.
The Minnesota Pollution Control Agency (MPCA) has just released an RFP for applications for the Recycling Market Development Grant. This grant is designed to help increase the demand for recycled goods by increasing the capacity of companies that perform further processing on those goods. This includes companies who perform intermediary processing of recycled goods as well as companies that use recycled goods as a component in their final product. Grant awards range from $50,000 to $250,000 and must be matched by a contribution of 25% of the total grant amount. This contribution can be made in staff time or as a cash contribution. This is a competitive grant with $400,000 available in total funding. While all users of recycled materials are encouraged to apply a preference of 10 points out of 100 is given to any companies creating an increased demand for mixed paper (54), glass, or organic material.