Closed Loop Fund
Apply for Funding
The Closed Loop Fund is accepting proposals for below market loans for cities and companies to improve recycling infrastructure.
What We Do
We fund replicable, scalable, and financially sustainable recycling infrastructure and innovation projects across four primary categories:
- End product manufacturing
How We Do It
- We provide zero interest loans to municipalities and below market rate loans to private industry. Loans vary in size from $1-$7M over a 1-6 year period. Please note that each asset-based loan is secured by collateral.
- We invest in best-in-class operators who are leaders in their industry and primarily focused in the United States.
Applications are evaluated based on the following criteria: Greenhouse gas emissions reduced/avoided, diversion from landfill, ability to repay, replicability and scalability of the project or model, increased access or participation in recycling, increased recovery and/or reuse of post-consumer commodities (i.e., plastics, paper, glass, or metal), economic benefit to communities, and ability to leverage other sources of capital.
What You Get, If Approved
Loan capital (with potential for follow-on investment), technical support and advice, access to industry expertise, promotion as a case study example