Ecosurety launches second Exploration Fund worth £150k

The second round of the Exploration Fund, comprising £150,000, is being launched today (8 June) by UK producer compliance scheme Ecosurety.

Ecosurety launched the Exploration Fund, the first round of which launched in 2019, to help support the resources and waste sector in its transition to a circular economy.

The second round of funding is available to projects run by academic institutions, businesses, charities, nonprofits and the public sector that aim to tackle the negative impacts of packaging, batteries or electronic waste on the environment.

The first round of funding worth £500,000 was divided up between four UK-based innovation and research projects.

Will Ghali, CEO of Ecosurety, commented: “Over the last few years, we’ve witnessed a fantastic increase in awareness of the negative impacts that packaging, batteries and waste electronics have on the environment.

“However, financial support for projects seeking to innovate, rethink or redesign existing systems for the better is still in woefully short supply. Without funding, solutions simply can’t flourish.

“The launch of our second Ecosurety Exploration Fund will act as a vital springboard for original research and innovation projects tackling some of the most pressing environmental issues caused by packaging, batteries and electronic waste.

“As we learnt in our first Exploration Fund, it is sometimes the simplest ideas that offer the biggest potential impact. Ecosurety encourages all eligible organisations to apply to the 2021 Exploration Fund. We very much look forward to reviewing the entries.”