Due to COVID-19 many organisations are facing significant challenges. In response to this WRAP Cymru have implemented changes to the £6.5 million Circular Economy Fund, which are designed to support even more organisations and more quickly.In addition to funding the use of recycled materials in products, WRAP Cymru is now able to support preparation for re-use, refurbishment and re-manufacturing activities in Wales. These include the production of sustainable goods to aid the global fight against coronavirus. Organisations of any size, which are operating in Wales, may apply for a capital grant to invest in infrastructure and equipment for eligible circular activities. Small Scale grants are now available from £6,000 to €200,000 (the maximum de minimis threshold) and Large Scale grants are available from €200,000 to £750,000.
Eligible projects must:
- increase the use of recycled plastic, paper / card or textiles in existing or new products (projects seeking to use other recycled materials will be considered on a case-by-case basis); or
- extend the life-time of products / materials through preparation for re-use, refurbishment or re-manufacturing activities
For further information please visit the Wrap Cymru website.
Wrap Cymru will be running a free webinar at 10am on Thursday 21 May 2020 to explain the details and to answer any questions you may have about the fund. For further information and to book your place please visit the Wrap Cymru website.
SOURCE: BUSINESS WALES
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Posted on: Monday 18th May 2020