The REMADE Institute announces up to US$35 million in funding for technology solutions to accelerate the transition to the circular economy
The REMADE Institute announces up to US$35 million in funding for technology solutions to accelerate the transition to the circular economy
August 25, 2020
Press Release: The REMADE Institute
The REMADE Institute has issued its fourth Request for Proposals (RFP) to invest up to US$35 million for research and development of transformational technologies to increase the recovery, reuse, remanufacturing and recycling of metals, polymers, fibers, and e-waste
The funding will be matched by project participants, for a total investment of up to US$70 million.
REMADE has made it a priority to focus on the plastic value chain by especially seeking proposals that will significantly increase the domestic recycling of plastics. Using recycled plastic instead of virgin plastic can reduce energy consumption by up to 79% and greenhouse gas emissions by as much as 67%.
“With the challenges facing industry today, it is increasingly important to improve US manufacturing competitiveness,” said Nabil Nasr, REMADE’s CEO. “Our partnership of 100 industry, national laboratory, and academic innovators are working together to reduce the energy and environmental burden of domestic manufacturing while delivering value to industry, the economy, and the environment.”
REMADE has invested US$20 million in projects to date. These promising technology advancements cut across multiple industries and the entire material life-cycle. For a detailed description and application process for the current Request for Proposals (RFP), click here
The rescheduled Plastic Free World Conference & Expo 2020 will now take place virtually – live and on-demand – on Monday 9 November and Tuesday 10 November. To register for this highly focused, solutions-driven event, please click here. For sponsorship and exhibition opportunities, please email [email protected]