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[IDEM] Half a million in grants to boost recycling businesses
Start Date: 3/4/2013
End Date: 3/4/2013
Entry Description

Recycling businesses may submit applications through June  3, 2013

 

The state’s Recycling Market Development Program (RMDP) has been authorized to release $500,000 in grant funds to aid recycling businesses and boost economic development in Indiana. Recycling businesses have until June 3, 2013, to apply for the grants that are aimed at helping purchase equipment for manufacturing recycled materials into new products.

 

“Providing financial assistance to recycling businesses makes good sense for the environment and the economy,” said Indiana Department of Environmental Management (IDEM) Commissioner Thomas Easterly. “We are pleased to offer grants to help businesses that are giving a second life to materials.”

 

The program’s grants are awarded for business recycling projects that reduce solid waste disposal, increase Indiana’s capacity for recyclable material manufacturing, and increase the use of recycled content products. Financially supporting the development and marketing of recyclables can lead to the creation of more Hoosier jobs.

 

Recycling involves finding uses for existing materials and developing consumer markets for recycled-content products. Commissioner Easterly explained that a Recycling Market Development Grant should be considered if a business is looking for equipment to help reduce waste streams, expand manufacturing, or use recycled-content material in the manufacturing process.

 

Grants will range from $25,000 up to $200,000 with a required 50 percent match. Businesses that have current RMDP projects will not be eligible to apply for this round. The Recycling Market Development Board will make final funding determinations of eligible projects by August. 

 

For additional information about the Recycling Market Development Program or to apply, call (800) 451-6027 or visit IDEM's Recycle Indiana website at www.recycle.IN.gov.

 

About RMDP

The Recycling Market Development Program operates under the Recycling Market Development Board as established by IC 4-23-5.5. The monies for the RMDP come from the Recycling Promotion and Assistance Fund, an account generated by a per-ton fee on solid waste disposed at Indiana landfills. The fund supports source reduction, reuse, recycling and composting to prevent solid waste from permanent disposal.

 

About IDEM

IDEM (www.idem.IN.gov) implements federal and state regulations regarding the environment. Through compliance assistance, incentive programs and educational outreach, the agency encourages and aids businesses and citizens in protecting Hoosiers and the environment. 

 

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Contact Information:
Name: Barry Sneed
Phone: (317) 232-8596
Email: bsneed@idem.IN.gov
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Entry Type:
Press Release
Entry Category:
  • Announcements
  • IN.gov Category:
  • Business & Agriculture
  • Agency Name
    Environmental Management, Indiana Department of

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