Circular Economy Fund – businesses in Wales

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Due to coronavirus, many organisations are facing significant challenges. In response to this WRAP Cymru have implemented changes to the £6.5 million Circular Economy Fund, created to support even more organisations.

In addition to funding the use of recycled materials in products, WRAP Cymru is now able to support preparation for re-use, refurbishment, and re-manufacturing activities in Wales.

These include the production of sustainable goods to aid the global fight against coronavirus.

Organisations of any size, which are operating in Wales, may apply for a capital grant to invest in infrastructure and equipment for eligible circular activities.

Small Scale grants are now available from £6,000 to €200,000 (the maximum de minimis threshold) and Large-Scale grants are available from €200,000 to £750,000.*

For projects to be eligible, projects must:

  • increase the use of recycled plastic, paper / card, or textiles in existing or new products (projects seeking to use other recycled materials will be considered on a case-by-case basis); or 
  • extend the lifetime of products / materials through preparation for re-use, refurbishment, or re-manufacturing activities. 

* This grant falls under State Aid regulations, and the threshold move from small scale to large scale grants is set in euros according to State Aid Law.