San Luis Obispo County has been designated as a Recycling Market Development Zone (RMDZ). Your business may be eligible for a RMDZ loan if you are manufacturing with material that would otherwise go into the landfill or if you are considering using recycled materials to make a product.
Loans come directly from the California Integrated Waste Management Board (CIWMB) and can be up to $2,000,000, funding up to 75% of a project’s cost for machinery and equipment, working capital, land and refinancing of current debt. See the Central Coast Recycling Market Development Zone website for more information. The current Recycling Market Development Zone Administrator may be contacted by calling (831) 636-4110.