Helping businesses invest in equipment or technology to reduce waste

29 May 2024

The Territory Labor Government is supporting businesses reduce waste with grants of up to $20,000 on offer to invest in equipment or technology which improves recycling.

The Sustainable Business Solutions (SuBS) grant program has a funding pool of $500,000 available to incentivise businesses to adopt alternatives to waste disposal and help the Territory transition towards a circular economy.

The circular economy has the potential to play a key role in helping the Territory achieve a $40 billion economy by 2030.

Adopting new approaches to how businesses manage waste will create economic and environmental benefits for all Territorians.

Grants up to $20,000 are available on a co-contribution basis to purchase equipment or technology for businesses to reduce their waste and improve recycling outcomes.

Eligible equipment or technology includes those that avoid or prevent waste being generated on site or reuses waste on site and facilitates recycling. This may include cardboard perforators, commercial worm farms or food waste monitoring equipment.

Prior to applying, businesses must undertake a waste assessment using the Bin Trim App.

Bin Trim App will provide a customised Action Plan for the business which will include baseline waste data, low or no cost waste recycling opportunities and recommendations to purchase relevant equipment or technology.

The business should discuss the action plan with the Small Business Champions team to understand whether the recommended equipment or technology may be eligible for grant funding under the SuBS grant program.

Applications close on 30 June 2025 or, sooner if funding is fully allocated.

For further information and to apply visit nt.gov.au/subs

Quotes attributable to the Minister for the Environment, Climate Change and Water Security Kate Worden:

“Investing in efficient waste management systems reduces the negative impact on the environment and helps cut costs and increase efficiency.”

“The Sustainable Business Solutions (SuBS) provides an opportunity to reduce waste in the Territory, save Territory businesses money, and lay the foundation for an efficient and modern recycling industry in the Territory.”

“The Territory Labor Government will continue to invest in programs that promote a circular economy as we continue to develop our economy to $40 billion by 2030.”

Quotes attributable to the President of Waste Recycling Industry NT Mark Sweet:

“The Waste and Recycling Industry Association NT is a strong advocate for Government investment in initiatives that support the Territory community to reduce waste to landfill and recover, re-use and re-purpose valuable recyclable materials.”

“Grants such as the SuBS provide significant support for businesses to embrace circular economy practices, including source separation of recyclables, reducing contamination, on-site re-use of recovered materials and ultimately saving money and promoting local job creation through new investment opportunities.”

Northern Territory Government