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A company in Australia that processes up to 100% of e-waste has just secured $5 million in funding, making it the country's largest e-waste processor and the only one capable of diverting up to 100% of e-waste from landfill, the Guardian reports.
Sircel CEO Anthony Karam says the funding will be used to expand the company's solar panel processing facility in Parkes, New South Wales, " broadening Sircel's recycling capabilities within what is becoming one of the largest e-waste streams."
Kilara Capital, the new investor in Sircel, says the company "ticks a lot of the boxes that the Kilara Growth Fund looks for: it's a company with a proven business model, an ever-growing customer base, and it has the potential to achieve significant climate positive and commercial outcomes."
Sircel says the investment will also allow it to salvage precious metals from e-waste and power the future of renewable energy, reducing reliance on mining operations.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Britain's housing crisis is so bad that the government has come up with a novel way to fix it: It's putting $1 billion toward new construction, reports the Telegraph. The money will come from...more
The UK's housing crisis is so bad that the government has come up with a novel way to fix it: It's putting $1 billion toward building 100,000 new homes over the next five years, reports the...more
The world's longest-serving member of the House of Representatives is stepping down from his post at the end of the year, the AP reports. Rep. Manny Pacquiao has announced that he will not...more
A new report from accounting and consulting firm BDO USA finds that US nonprofits are stronger and more effective than they were just a few years ago. The report, which surveyed 250 nonprofit...more
When it comes to assessing the risks of climate change, Standard & Poor's has a new metric to look atand it's a pretty good one. The company's Global Climate Center of Excellence on Tuesday...more
Starbucks is investing in two " innovation farms" in Central America in an effort to protect its coffee supply from the effects of climate change, CNBC reports. The farms in Costa Rica and...more
Foundation: Gates Foundation, Global Fund for Women
Bill and Melinda Gates are putting their money where their mouth is to help people in Sudan. The two are among nine donors who have pledged $4.5 million to help local aid groups in the country,...more
A new report from the European Central Bank is out, and it calls for price controls on prescription drugs to cut down on drug costs and spur innovation, the Wall Street Journal reports. The...more
Good news for Italy: Its consumer confidence index rose to 98.3 in September from an eight-month low of 96.1 in August, reports the Wall Street Journal. The sub-index of personal confidence rose...more
When Amit Bhatia quit his corporate job in 2007 to work on social and environmental issues, he created Aspire Impact and Aspire Circle. Now he's created Impact Ratings, and he wants to make it...more
Social Entrepreneurship
Spotlight
Rwanda as Social Entrepreneur Fund Beneficiary
The Republic of Rwanda has been picked as one of the six African countries as beneficiaries for a new fellowship fund program designed at supporting social entrepreneurs in tackling issues on food security.
