The Minister of Environment and Climate Change Strategy, the Honourable George Heyman, announced the launch of the $5 million Recycled Plastics Manufacturing Stimulus Fund (the “RPMS” fund), administered by Alacrity Canada, to encourage innovation in plastics manufacturing. The media release can be viewed here.
The RPMS Fund will support a strong local economy by creating economic growth and resiliency in this emerging sector. The RPMS Fund is seeking projects in B.C. that are able to increase the use of post-consumer recycled (“PCR”) plastic in the production of plastics items, focusing on innovation, supply chain resiliency and supporting the plastic circular economy.
BC organizations who are working in at least one of the following areas can apply for funding:
- Increasing processing capacity to supply more PCR plastics to plastic product and packaging manufacturers
- Increasing the use of PCR plastic in manufacturing
- Supporting PCR plastic product research, design and testing, including pilot projects and trials, that increase the use of PCR plastic.
Applications are now open through Alacrity Canada. The deadline for submitting applications is 11:59 Pacific Standard Time (PST) on February 15, 2021 and early applications are strongly encouraged. The Alacrity Cleantech team will assess applications for eligibility together with Synergy Foundation, a circular economy subject matter expert.
More information regarding eligibility requirements, project criteria and frequently asked questions can be found here.