Creating a Merit Badge in Advancement Resources Posted May 20, 2006 The composites merit bade is not about plywood. Composites are a combination of plastic resin and a fiber reinforcement. The badge is about things like fiberglass, kevlar and carbon fiber. Developing the merit badge was funded by a gift from the M.C. Gill Corporation. SR540Beaver, if you could get Lazy Boy to fund it we might get a reclining merit badge.