Recycling Market Development Zone Revolving Loan Program
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The Recycling Market Development Zone Revolving Loan Program, administered by the California Department of Resources Recycling and Recovery (CalRecycle), aims to support California-based recycling businesses that operate within the state. This program focuses on providing financing to companies engaged in activities that prevent, reduce, or recycle recovered waste materials through value-added processing or manufacturing. By targeting businesses located in designated Recycling Market Development Zones, the program seeks to strengthen local recycling markets and promote sustainable waste management practices. The solicitation for this program was posted on July 10, 2024, under solicitation number 3300, and is categorized within the NAICS code 423930. It is managed as a state-level grant opportunity by CalRecycle, with inquiries directed to the department via the provided email contact. The program's broader goal is to spur growth and innovation in California's recycling industry by offering revolving loan funds to eligible businesses, thereby fostering environmental benefits and economic development within the state. More details on eligibility and application procedures can be accessed through the official California Grants website.
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CA, USASet-Aside
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