Government Funding
Securing Grants for Circular
Economy Innovation
Challenge
A circular economy business sought federal grant funding for a new recycling facility but was unsuccessful, leaving expansion plans uncertain.
Solution
Nexus Point identified alternative state-based grants and provided strategic guidance to strengthen future applications. We:
- Identified new funding opportunities aligned with their objectives.
- Repurposed their federal grant application for state funding and private investment.
- Advised on application structuring to improve approval chances.
Results
- Secured $1.3 million in state government funding for a new facility.
- Repurposed the original application to attract $1.5 million in private investment.
- Enabled the business to move forward with financial stability and growth.
With Nexus Point’s support, the client accessed the funding needed to scale successfully.
