TSA provides financial support to projects that demonstrate how end-of-life tyres can be transformed into high-value products and infrastructure.

The Fund provides resources through a competitive process to support the development of markets for Australian tyre-derived products.

The Australian tyre recycling industry produces a number of tyre-derived products (TDP) such as crumb rubber and rubber granules that can be used in applications from road construction and playground surfacing to adhesives and aggregates, and even as an additive into explosives.

However, at this point the market for these products is not large enough to absorb all of the waste tyres (around 56 million annually) being created in Australia.

The TSA Board has therefore established the fund as a means of stimulating development of new products and new markets for TDP.

Put simply, the primary objective of the Fund is to invest in projects that lead to higher volumes of Australian generated end-of-life tyres being processed into tyre-derived products and sold by Australian tyre recyclers and processors.

To be an eligible applicant for the fund, applicants must:

• Be a registered Australian business, research institution or university that has the capability and capacity to undertake the project that is being proposed.
• Have a current Australian Business Number (ABN).
• Agree to comply with TSA Terms and Conditions.
• Agree to comply with TSA's Terms of Participation in the Grant Program.
• Meet the requirements for co-contributions and be able to fund all costs of the project that are not met by TSA's contribution to the total cost of the project.
• Have ownership of, access to or the beneficial use of any background intellectual property necessary to carry out the project.
• Be accredited by TSA or be willing to seek accreditation if a tyre industry fund category is applicable (for example tyre recyclers, collectors, manufacturers etc.).
• Have been operating for at least 12 months (industry partner(s) and research institute).
• Have satisfactory environmental, safety and financial performance.