New Circular Economy NT (CENT) grant to support recycling
The Territory Government is investing in new recycling infrastructure projects with a new $1.5 million grant program, Circular Economy NT (CENT) now open for applications.
CENT supports projects that create opportunities to grow the Territory economy by turning waste into a valuable commodity.
The new grant program was established to support circular economy infrastructure projects and investment within the Territory’s waste recycling and reprocessing capabilities.
CENT is focused on building a stronger onshore recycling and manufacturing industry whilst simultaneously addressing the Northern Territory’s regional and remote waste challenges.
Eligible projects include those that create or improve recycling, reuse or remanufacturing of waste currently going to landfill.
The fund aims to prioritise two waste streams: C&D (construction and demolition) and FOGO (food organics and garden organics) but will also accept applications for projects addressing C&I (commercial and industrial) and E-waste (electronic waste including PV Solar Panels).
Projects need to demonstrate economic development opportunities through the development of new domestic markets for recycled materials.
Adopting new approaches to the way we reprocess waste will create significant economic and environmental benefits for all Territorians.
Grants of a minimum of $50,000 are available for approved projects with 50:50 co-contribution required from applicants.
Applications close Friday 5 January 2024 and will be assessed on a competitive basis. For further information and to apply visit nt.gov.au/CENT.
A key priority of the Northern Territory (NT) Circular Economy Strategy 2022-2027 is to establish the waste industry as a contributor to the Territory’s $40 billion by 2030 vision. The development of the CENT grant programs is one way NT Government is supporting industry to grow and improve sustainability in the Territory.
