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Recycled Glass Processing Incentive Grant Program, FYs 2024–25 and 2025–26

Up to $4,000,000
Type
GRANTS AND FUNDING
Application Difficulty
EASY
Application DeadlineNovember 13, 2024
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Applying for this grant program could be a game-changer for your business. With a total funding pool of $4 million, you have the potential to expand your glass processing operations significantly. This support not only helps you process more glass cullet but also positions your business as a leader in sustainability. By committing to increase your processing capacity, you'll contribute to a worthwhile environmental cause while boosting your company's profile.

Furthermore, this program allows you to invest in your own growth. You'll be required to match the grant amount, meaning you have skin in the game. This is a chance to enhance your operations and drive profitability. Plus, demonstrating results within 12 months highlights your commitment to progress and opens doors for future funding opportunities.

In summary, this program provides the financial support you need to grow your business while making a positive impact. Don't miss out on the chance to turn your vision for expansion into reality.

Financing Details

Type of Financing
This program offers grants to businesses that can demonstrate their ability to expand glass cullet processing in California. Grants do not require repayment, making them a fantastic opportunity for funding your business.

Repayment Terms and Eligible Expenses
There is no repayment term or interest rate on these grants. However, it’s important to note that you’ll need to match the grant amount you receive with your own funds. You can use these funds to expand glass cullet processing facilities, including costs related to machinery, equipment, and operational enhancements.

Restrictions and Fees
The funds cannot be used for any purpose outside of the approved expansion of glass cullet processing. There are no fees associated with the program, making it even easier to access the funding needed to grow your business.

Qualifications

  • Location: Business must be based in California.
  • Expansion Commitment: Business must commit to using the grant to expand glass cullet processing facilities.
  • Matching Requirement: Business must match the amount of any grant received with an equal or greater amount.
  • Employee Count: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue qualifications.
  • Legal Structure: All legal structures are eligible.
  • Profit Structure: All profit structures are eligible.

Disqualifications: None specified.

Description

This program is a fantastic opportunity for you to expand your glass processing operations in California. There is a total of $4 million available, specifically aimed at boosting the use of recycled glass in the production of new glass containers. This can significantly enhance your ability to process glass cullet and contribute to a more sustainable environment.

To benefit from this program, you’ll need to commit to using any grant you receive to increase your processing capacity. Additionally, you will be expected to match the grant amount with your own investment. This means that if you successfully secure funds, you’re not just receiving a handout—you’re also investing in your business’s growth.

The program requires you to show results within 12 months of receiving the grant, by demonstrating how much additional glass cullet you have processed as a result. This will not only help your business grow but also make a positive impact on recycling efforts in the state. Take advantage of this opportunity to enhance your operations and support sustainability in your community.

Program Steps

  1. Visit the Program Website
    Access the official website to find specific information and updates regarding the application process.

  2. Prepare Documentation
    Gather the following documents required for your application:

    • Business plan outlining your glass processing operations and proposed expansion.
    • Financial statements or tax returns from the past two years to demonstrate financial health.
    • A detailed project proposal explaining how the grant will be utilized to increase processing capacity.
    • Evidence of your commitment to matching the grant amount with your own investment.
  3. Complete the Application Form
    Fill out the online application form available on the program website. Ensure all required fields are completed accurately.

  4. Submit Your Application
    Review your application and all attached documents for accuracy, then submit by the specified deadline.

  5. Follow Up
    After submission, check for confirmation of receipt and be prepared to answer any additional questions from the program administrators.

  6. Prepare for Results Reporting
    Once funded, develop a system to track your processing results to demonstrate increased capacity within the 12-month requirement.

Visit Program Website