For Immediate Release
March 7, 2024

econext is congratulating the Multi Materials Stewardship Board (MMSB) on the re-launch of its Solid Waste Management Innovation Fund (SWMIF).

“Newfoundland and Labrador’s geography and demographics creates challenges for the management of waste,” said Kieran Hanley, CEO of econext. “Innovation is required to find new ways to address these challenges in effective and economical ways.”

The SWMIF offers financial support to innovators who are advancing sustainable waste management in Newfoundland and Labrador.

This year the program was increased from $15,000 to $50,000 in non-repayable funding for successful applicants. “This adjustment to the program will help to inspire and support bigger ideas,” said Hanley, noting that the innovative solutions developed in NL can be exportable to other jurisdictions facing similar challenges.

“It is important to look at these challenges as being green economy growth opportunities for our province,” said Hanley. “What’s good for the environment can also be good for business.”

More information on the SWMIF can be found at https://mmsb.nl.ca/funding-programs/swmif/.

econext is currently surveying commercial and industrial operators across to the province to understand how it can help them pursue innovative circular economy opportunities. “We are encouraging businesses in NL to tell us about their waste streams so that we can do better to help,” said Hanley. Business can fill out the short survey at https://econext.ca/econext-asking-nl-businesses-to-reach-out-about-their-solid-waste-streams/.

econext is an association that accelerates clean growth in Newfoundland and Labrador and works on behalf of over 200 members to foster environmentally sustainable economic development. More information can be found at https://econext.ca.

Media Contact
Kieran Hanley
kieran@econext.ca

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