Would your business like to begin or expand the use of recycled materials in the manufacturing of new products and receive grant funding to help?
The Missouri Market Development Program is seeking qualified applicants for up to $50,000 in financial assistance incentive grants. The grants are for the purchase of equipment to be used in final processing of recyclables (excluding metals) for production, or in manufacture of new products using recovered materials as feedstock. A 25 percent match is required from most applicants.
Any individual, private business, non-profit or public institution currently operating in Missouri, or who will be operating in the state as a result of the project, is eligible. All projects must be technically feasible for full-scale operation and comply with all applicable environmental, safety and legal requirements.
The Market Development Program helps ensure that recyclables collected from residents and businesses are used in the manufacture of new products that are purchased and used by consumers. This creates a more sustainable economy for Missouri and at the same time protects the environment, conserves resources and reduces reliance on landfills for solid waste disposal.
The Market Development Program is administered by the state Environmental Improvement and Energy Resources Authority and assisted by the University Extension Business Development Program. In addition to financial incentives, the program provides companies with:
Information concerning the availability of recycled materials is provided through the Missouri Recycled Products Directory. Markets for recovered materials can be found in the Missouri Directory of Markets for Recovered Materials. To read about more Show Me Recycling success stories, see the Missouri Recycling Association website at www.mora.org.
For more information, contact:
Missouri Environmental Assistance Center/ Market Development Program
200 Engineering Building North
Columbia, MO 65211
Fax: 573- 884-4297
Web site: www.missouribusiness.net/environmental/market_development.asp
This story was featured in the Jan. 2008 newsletter
- Leah Christian, Research Assistant, MU Environmental Assistance Center 08/17/09