Closed Loop Circular Plastics Fund

The Closed Loop Circular Plastics Fund accepts applications on a rolling basis and provides flexible financing for circular economy infrastructure, technologies and companies that advance the recovery and recycling of plastics in the U.S. and Canada.

Eligible Recipients:


Eligible Projects:

Applications are evaluated based on the following criteria:

  • Project must be based in the U.S. or Canada
  • Greenhouse gas emissions reduced/avoided
  • Mass of materials impacted (e.g., diverted from disposal, recovered for recycling, incorporated into new products, etc.)
  • Applicant’s ability to repay (for debt financing)
  • Replicability and scalability of the project or model
  • Amount of increase in access to or participation in recycling
  • Ability for the applicant and/or project to leverage additional sources of capital

Funding Source:
Closed Loop Partners

Funding Amount:
We provide catalytic financing to municipalities, private companies and non-profit organizations. As an impact-first investor, we offer a diverse range of financing alternatives. Our financial product offering includes:

  • Debt-based
    • Bridge loans
    • Secured loans
    • Unsecured loans
    • Revolving credit facilities
    • Asset based loans
    • Venture debt
  • Hybrid
    • Mezzanine debt
  • Equity, as a follow-on to a lead equity investor
  • Average investment period: 3 to 5 years (excluding bridge loans)
  • Minimum investment size: $1 million

Funding Deadline:
Applications accepted on a rolling basis

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More Information: