Recycling Market Development Zone Revolving Loan Program Grant
California Department of Resources, Recycling, and Recovery (CalRecycle)
Funding Amount
Varies
Deadline
Rolling / Open
Grant Type
foundation
Overview
Recycling Market Development Zone Revolving Loan Program Grant
Status: ACTIVE
Funder: California Department of Resources, Recycling, and Recovery (CalRecycle)
Last Updated: March 22, 2024
Summary
The Recycling Market Development Zone Revolving Loan Program, managed by CalRecycle, supports California's recycling manufacturers by providing financing for machinery, equipment, and associated costs. This initiative promotes the use of waste materials to create recycled products, aiding local governments in meeting landfill diversion goals and contributing to the Circular Economy. By fostering sustainable practices, the program enhances the recycling sector and encourages economic development within the state.Overview
Recycling Market Development Zone Revolving Loan Program CalRecycle administers the Recycling Market Development Zone (RMDZ) loan program to assist recycling manufacturers with finance machinery, equipment, and ancillary costs, to site and expand in California (Public Resources Code, section 42023.1). Recycling manufacturers use waste materials generated in California to make recycled-content intermediate and/or final products, assisting local jurisdictions in complying with landfill diversion laws, and supporting the Circular Economy.Eligibility
We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website.Focus Areas & Funding Uses
Fields of Work
environmentsmall-businessescommunity-development
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