Recycling Victoria Innovation Fund

The Recycling Victoria Innovation Fund provides funding for businesses to adopt circular economy opportunities that design out waste and maintain product and material value over a longer period of time.


What do you get?

Funding of between $75,000 to $450,000.

Who is this for?

Businesses, industry groups and associations, charities and research institutions.


There are 2 streams of funding:

  • Stream 1: Food Innovation (funding of between $75,000 and $150,000)
    • For collaborative partnerships that identify opportunities and apply innovative circular economy business models and practices for food waste or the food sector.
  • Stream 2: Collaborative Innovation (funding of between $150,000 and $450,000)
    • For collaborative partnerships that identify, develop and/or scale-up innovative circular economy business models practices. The projects need to address systemic barriers with innovative thinking and practice.

What are the eligibility criteria?

Applications must include at least 2 organisations. In such a group application, the main organisation responsible for delivering the project is the lead application, and the other organisation/s are the project partners. 

The lead applicant must:

  • be either an individual business, research institution, industry group or charity
  • have a current Australian business number (ABN)
  • have been operating for a minimum of 2 years

The project partner can be from either one of the above categories or one of the following:

  • other not-for-profit organisations¬†
  • government¬†
  • local government

The project must:

  • be focused within Victoria
  • ensure the project activities largely take place (i.e. more than 50%) in Victoria
  • meet or exceed the minimum co-contribution requirement for funding ($1:$1)
  • be completed by May 2024

How do you apply?

Find out more about eligibility and how to apply at Recycling Victoria Innovation Fund.