National Environment Agency (NEA) has recently launched a 100% funding on food waste recycling solutions and is applicable to both purchase/leasing up to $100,000/- per applicant.
Besides funding the equipment, it also funds consumables and infrastructural costs. The total fund size is only $1.76 million and application date starts from May 18 to Feb 28, 2021.
Qualifying costs are calculated based on purchase/leasing* cost quoted by supplier, including but not limited to:
• Food waste treatment system and accompanying auxiliary equipment (e.g. bins, bin lifters, weighing mechanisms)
• Consumables for 1 year (e.g. microbes)
• Infrastructural costs (e.g. modification of processing lines for food waste collection)
• Collection, logistics, transportation, processing and recycling costs
Disbursement of grants will be made progressively in 2 stages:
|Disbursement amount||Proposed schedule|
|1st disbursement||50% of the approved grant amount||After installation and commissioning of equipment, operation|
|2nd disbursement||Remaining 50% of approved grant amount||Within 6 months* of successful operation|
*From the project commencement date
Retrieved from Nea.gov.sg. (2020). Food Waste Fund. [online] Available at: https://www.nea.gov.sg/our-services/waste-management/3r-programmes-and-resources/food-waste-management/food-waste-fund [Accessed 20 May. 2020].