<B>Indiana Offering Grants, Loans</B>

The Indiana Department of Commerce is offering loans and grants to help companies integrate recycling into their work environment. Deadline for the upcoming quarterly funding is April 27.

The program is administered by the Commerce Department’s Energy Policy Division. Grants and loans are available on a quarterly basis. The program offers the following packages:

·           Zero interest loans of up to $1 million for companies purchasing equipment to make recycled-content products or prepare material for use as an industrial feedstock

·           Grants of up to $100,000 for companies researching and testing ways to reduce waste, increase use of recycled-content material or increase recycling

·           Grants of up to $30,000 to help companies market a recycled-content product

·           Grants of up to $5,000 to government entities to purchase recycled-content feedstocks and products.

For more information on the funding, include a pre-proposal to the Department of Commerce by April 27th, attention Sarah Carney.

More information on the program may be obtained by contacting either Sarah Carney or Gavin Williams, Indiana Dept. of Commerce, (317) 232-8940.

April 2001
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