One month to apply for up to £500k waste funding

15th May 2012

Welsh reprocessing and recycling businesses have just one month left to submit applications in the current round of funding for WRAP Cymru’s Large Scale Infrastructure Fund. The deadline for completed applications is 15 June 2012.

The Fund forms part of WRAP Cymru’s ARID (Accelerating Reprocessing and Infrastructure Development) Programme, which is funded by the European Regional Development Fund (ERDF) via the Welsh Government.

Funding of up to 40 per cent of total capital expenditure is available for small and medium-sized enterprises (SMEs) operating in Wales’ Convergence Region, which covers North West Wales, West Wales and the South Wales Valleys. It is anticipated that most awards will be of between £250,000 and £500,000.

The fund is available for businesses working with commercial and industrial waste and targets key materials including organics/compost (excluding paper and card), plastics, treated/contaminated wood, WEEE, textiles, flooring, tiles, insulation and composites.

The aim of the ARID programme is to support and grow the reprocessing sector in parts of Wales where economic development is needed, and to develop a source of high-quality recyclate for use by industry. In addition to the Large Scale Infrastructure Fund there is capital funding available for collections from SMEs and to support manufacturers in using recycled materials in their products.

WRAP Cymru European Projects Manager Bettina Gilbert said:

“The ARID programme recognises the economic boost which the recycling and reprocessing sector brings to Wales, and the importance of developing a domestic market for recyclate.

“The Large-Scale Infrastructure Fund programme has a total budget of £4.15 million, from which we will make up to 15 awards across the funding rounds. Our target is to create 30 new green jobs in the areas where they are most needed, and prevent over 150 kilotonnes of C02 emissions.

“The fund can also act as a catalyst for businesses to leverage additional funding for their capital projects. Being able to demonstrate that they are able to secure ERDF funding can really boost a company’s chances of attracting other sources of investment.”

Contact

Bettina Gilbert

European Projects Manager
029 2044 8090