What amount of funding can our organization apply for?
A wide range of project sizes are welcome to apply for funding. There is no minimum funding request in this program. However, we anticipate the average funding request will be within the $250,000 – $750,000 range.
Your application will undergo administrative review to confirm your project meets the eligibility criteria. Your project will also go under technical review to ensure it meets the objectives of the program funding.
Your organization will be asked to provide additional information in order to evaluate
your project. The selection committee will make final recommendation for funding and selected projects will be announced in May of 2021.
What are the reporting requirements for funded projects?
Fund recipients will be required to provide progress reports on June 15, 2021 and December 1st, 2021.
Fund recipients will also be required to complete a final report by February 15th , 2022.
What additional materials or supporting documentation will be requested after submitting the initial online application?
The following additional documentation may be requested:
project budget breakdown,
proof of funding for one third of project cost (this portion of the funding cannot come from another provincial or federal fund or source),
additional details about your project’s anticipated results,
full project plan,
proof of good standing
financial statements, where applicable
What expenses are eligible for funding?
Eligible expenses include:
capital expenditures related to the project – these may include machinery, testing, processing, or other equipment
retrofit costs to enable the project – these may include contractor fees, materials, permits, and other related expenses.
labour costs for new and existingstaff, clearly outlined and limited to time specifically related to the design, implementation, and monitoring of this project
contractor or partner organization fees for testing, design, and other costs related to research and development
other costs associated with the completion of the project, such as:
freight or transportation charges
personal protective equipment
Ineligible expenses include:
real estate capital purchases such as a purchase of land or buildings
purchase or lease of private/personal vehicles
labour costs associated with ongoing operations/non project-related activities
travel and hospitality for staff or contractors
regular operating costs for the business, including utilities, materials, and contractors
structural renovations not specific to the project
What other selection criteria will be used?
Projects will be assessed based on their:
alignment – how are the Fund’s objectives being met and to what depth?
scale – what is the potential volume (measured in kilograms per annum) of plastics that will be processed or PCR plastics that will replace virgin plastics?
feasibility – how reasonable is the project plan and budget, keeping in mind the completion date of December 31st, 2021?
economic potential – how much potential does the project have to create new, permanent jobs, support economic recovery, and/or increase market resiliency?
innovation – to what degree will the project establish new processes, products, or circular solutions?
relative impact – each project will be assessed with a simple calculation of volume of PCR plastics / total value of the project
Other factors that will be taken into consideration include: