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Closed Loop Local Recycling Fund is sponsored by Closed Loop Partners (in partnership with PepsiCo Beverages North America). This fund provides financing to innovative recycling technologies and infrastructure in the U. S.
that can increase recycling in areas with limited access. The goal is to reduce waste and unlock a new supply of recycled plastic, with a focus on rPET.
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Closed Loop Local Recycling Fund Apply for Funding - Closed Loop Partners Closed Loop Local Recycling Strategy In partnership with PepsiCo Beverages North America, we invest in new local recycling systems and technologies to improve recycling access for more communities across the U.S. Fill Out the Application Form We offer flexible and risk-tolerant capital through a number of different funding vehicles and capital structures, taking a long-term perspective on building resilient circular supply chains.
We leverage our team’s industry knowledge and combine that with our research and solutions practice through the firm’s Center for the Circular Economy to accelerate the flow of capital from co-investors, which in turn helps our borrowers diversify their funding sources and supports their growth.
We have built an ecosystem that connects entrepreneurs, industry experts, global consumer goods and technology companies, retailers, foundations, financial institutions and municipalities. Our borrowers get exposure to this network, cultivating synergies and facilitating potential partnerships that can help scale businesses, for example through feedstock or offtake relationships, among other things.
About the Closed Loop Local Recycling Strategy We provide financing to innovative recycling technologies and infrastructure that can increase recycling in areas in the U.S. with no or limited access to recycling. By serving these areas, we aim to reduce waste and unlock a new supply of recycled plastic (with a focus on rPET), among other valuable materials.
We fund projects across the following categories: Collection: New or expanded collection systems (including upsizing recycling carts and/or recycling transfer station initiatives) for household recyclables Sortation: New technologies or facilities that capture household recyclables Processing: New technologies or facilities that intake separated materials and use mechanical or labor means to prepare the recycled materials into raw materials We provide competitive and flexible financing to municipalities and private companies working toward the goals listed above.
We provide loans typically ranging between $500k-$5M over a 3-8 year term, with each loan secured by collateral. Equity investments are sized on a case-by-case basis. We invest in innovative technologies and operators who are leaders in advancing materials recovery.
Applications are evaluated based on the following criteria: Project must be based in the U.S. Potential to unlock a new supply or high yield of net new rPET material among other valuable materials, to support PepsiCo’s pep+ (PepsiCo Positive) sustainable packaging goals Materials diversion from disposal Applicant’s ability to repay Replicability and scalability of the project or model Amount of increase in access to or participation in recycling Amount of increase in the recovery and/or reuse of post-consumer commodities (i.e., plastics, paper, glass, or metal) Economic benefit(s) to the community(ies) served by the project or company Ability for the applicant and/or project to leverage additional sources of capital How Our Evaluation Process Works Applicant completes our online application form We evaluate the application against our criteria to determine potential fit We further evaluate the operational and financial details of the project and decide whether to proceed with funding If we decide to proceed with financing, we develop deal terms and present the deal to our advisory board and investment committee If approved, we proceed to close the deal and fund the project What You Get, If Approved Loan or equity capital (with potential for follow-on investment) Technical support and advice Access to industry expertise and a wide-ranging network Promotion of your project’s milestones and growth through our various communication channels.
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Scoring criteria used to review proposals for this grant.
Based on current listing details, eligibility includes: U.S.-based projects focused on collection, sortation, or processing of household recyclables with potential to generate new recycled plastic (rPET) supply; municipalities and private companies. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $500,000 - $5,000,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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Small Business Innovation Research (SBIR) Program Phase I is sponsored by U.S. Environmental Protection Agency (EPA). The EPA SBIR Phase I Solicitation invites small businesses to submit proposals for projects addressing critical environmental challenges. Awards are for six months to demonstrate proof of concept. Key focus areas include Clean and Safe Water, Air Quality and Climate, Homeland Security, Circular Economy/Sustainable Materials, and Safer Chemicals.
Parkland Acquisitions and Renovations for Communities (PARC) Grant Program is a grant from the Massachusetts Executive Office of Energy and Environmental Affairs that funds the acquisition and development of public parkland and outdoor recreational facilities. Eligible applicants include Massachusetts cities of any size and towns with 35,000 or more year-round residents that have an established park or recreation commission and an approved Open Space and Recreation Plan. Smaller communities may qualify under small town, regional, or statewide provisions. Awards reach up to $425,000, with a deadline of July 8, 2025. The program supports community green space, conservation, and recreational access across the Commonwealth.