“Recipients typically receive $100,000 for first-time awardees and up to $200,000 if they have earned grants in the past. The maximum any company can receive through the program is $400,000, Cahoon noted. Among the companies that have benefited from the grant program is a local firm that uses recycled plastics to make petroleum products. Known formerly as PK Clean, the company is now named Renewlogy and has a mission to reduce plastic waste by converting landfill-bound plastics into high-value fuels.”
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