£500,000 grants to create jobs and boost regeneration

5th February 2013

·        Fund targets SMEs offering innovative solutions for commercial and industrial waste

·        Grants of up to 40 per cent of total capital expenditure available

Applications open today [5 February] for the new round of WRAP Cymru’s Large Scale Infrastructure Fund. Reprocessors planning facilities in Wales are invited to submit applications for capital funding by 30 April 2013.

The fund forms part of WRAP Cymru’s ARID programme, which aims to create around 100 jobs in Wales’ most economically deprived areas by investing in innovative facilities for reprocessing waste. It will also divert over 270,000 tonnes of waste from landfill.

ARID is funded by the European Regional Development Fund through the Welsh Government. In addition to reprocessing infrastructure, it funds business recycling collections delivering high quality recyclate for reprocessors, and helps grow the domestic market for recycled content through grants for manufacturers using recycled materials.

To be eligible for a Large Scale Infrastructure Fund grant:

-        Facilities must be based in North West Wales, West Wales or the South Wales Valleys

-        Businesses must have a turnover of less than €50 million and fewer than 250 employees

WRAP Cymru European Projects Manager Bettina Gilbert said:

‘WRAP Cymru is serious about supporting small and medium reprocessors in Wales. We recognise that many small businesses find it difficult to secure capital, and hope that this grant will help encourage greater investment in this important sector.

‘Investing in reprocessing infrastructure can deliver social and economic as well as environmental benefits, which is why this funding targets those regions of the country most in need of an economic boost. In addition our funding for recycling collections and manufacturers means new sources of recyclate for reprocessors and a larger domestic market for recycled materials.’

The Large Scale Infrastructure Fund focuses on commercial and industrial wastes, and in particular organics (excluding paper and card), plastics, treated/contaminated wood, WEEE, textiles, flooring, tiles, insulation and composites.

Businesses which are interested in applying are invited to one of two events – in Abercynon on 1 March and Conwy on 7 March - where they’ll learn about the new streamlined application process and have the opportunity to talk to a WRAP Cymru Business Account Manager.

To find out more about the grant, download an application form or book a workshop place visit www.wrapcymru.org.uk or call 029 2044 8090.