Recycling Market Development Zone Revolving Loan Program Grant
California Department of Resources, Recycling, and Recovery (CalRecycle)
Funding Amount
Not stated
Deadline
Deadline not published
Grant Type
Foundation
Overview
Funder: California Department of Resources, Recycling, and Recovery (CalRecycle)
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.
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.
Focus Areas & Funding Uses
Fields of Work
- Environment
- Small businesses
- Community development
Categories
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