The awards are open to individuals and organizations from commerce and civil society in seven distinct Read more [...], RILA and the Bensadoun School of Retail Management at McGill University are excited to tackle the pressing issues surrounding retail and the Grand Challenges facing our societies through an innovative retail case competition. It was established to help small and medium sized enterprises (SMEs) to future-proof their business in a green and more sustainable Read more [...], The C&A Foundation is looking for innovative ways to bridge the gap in the implementation of circular business models in companies at all levels of the apparel value chain. The circular economy is vital to help address climate change and other global challenges. We also anticipate a shift from generalist investors to look for these types of opportunities. A prime example of this is the electronics market and specifically phones/tablets. We use 8 gigatonnes of materials each year in Europe. Prime examples of this include Olio and Fat Llama, both of whom have received funding from some of Europe’s top venture capitalists, providing funds to help drive awareness and engagement. The survey was done by MOVECO project partners through a questionnaire about funding schemes available in EU Countries, which can be used for projects related to Circular Economy. Rather, it represents a systemic shift that builds long-term resilience, generates business and economic opportunities, and provides environmental and societal benefits. The five-year Āmiomio Aotearoa - a circular economy for the wellbeing of New … Overview. This year’s funding of £3.2m, targeted at local authorities and publicly funded bodies, runs in parallel to the Circular Economy Fund for businesses. Impact Assessment of EPSRC funding on the Circular Economy 3 • Reflecting the multi-disciplinary nature of circular economy R&D, the publications which had cited the EPSRC grant funded research papers, spanned a diverse range of fields. This requires collaboration between investors, banks and project managers. It’s an alternative to our current ‘take, make, dispose’ approach, and means that products and materials are kept in a high-value state of use for as long as possible. Their request for proposals closes February 18, 2018 and there is up to 300,000€ per proposal available. UNLEASH 2019 will be held in Shenzhen, China from November 6-13. Please adjust your search criteria and try again. All solutions selected for Solve’s four current Global Challenges will receive a $10,000 grant funded by Solve. Forgot Password? Funding the circular economy. “The circular economy is critical to ensuring that the world can continue to develop within its means while preserving its resources. The Interdisciplinary Circular Economy Centres are funded by the UK Government as part of UK Research and Innovation’s Strategic Priorities fund. Perhaps most obviously we have “Waste to Product”, an example being BioBean, using coffee grounds to power London buses, or at the more extreme end of the scale there are companies like Chip[s] Board who take McCain’s peelings and turn them into bio-plastics for buttons and eyewear. The Circular Economy (CE) Incubator enables individuals and startups to prototype and develop innovative solutions contributing to accelerate the transition towards Circular Read more [...], Circular Economy Acceleration Program UP TO €60K per SME Mentoring, networking and designer/business consultancy support C-VoUCHER, the project funded under Horizon 2020 EU Programme aims at creating circular value link-chains in traditional industries. The European Space Agency’s “Circular Economy” Kick-Start competition offers funding of up to €60k to teams who have ideas relating to the circular economy and use satellite data or space technologies. The Circular City Funding Guide provides information for municipalities, businesses, and other actors that want to create sustainable cities and implement circular initiatives and projects. The (R)Tech Global Retail Challenge helps expose Read more [...], Global Call for Innovators working with ‘Customer Engagement and New Business Models’ - LAUNCH Innovation Challenge 2018 is open Imagine a world where all products are services. We Invest in the Circular Economy A New Economic Model Focused on a Profitable and Sustainable Future Closed Loop Partners is a New York based investment firm that provides equity and project finance to scale products, services and infrastructure at the forefront of the development of the circular economy. Why the EU supports circular economy research and innovation. A circular economy is one that’s sustainable and eliminates waste as much as possible. Total Funding: up to €60k per project. We recognise purpose-driven organisations for doing 'global good' in their communities, for their people, for the Read more [...], The Liveability Challenge is a global platform that hunts for and accelerates the launch of innovative and ground-breaking solutions to challenges that cities in the tropics face in the 21st Century. Less obvious but perhaps more interesting is the “Product as a Service” trend. Next to being a source of new forms of better growth, the circular economy is a crucial part of the solution to tackle climate change and other Environmental, Social and Governance (ESG) issues. Funding schemes Circular Economy. So, what does this mean for businesses, consumers and those investors who seek to back the success stories of tomorrow? By catalyzing early innovations that can accelerate the shift from a linear to a circular fashion industry, the aim is to protect the planet and Read more [...], Start-ups, students, research groups and career scientists from across the world are welcome to exploit the knowledge of chemistry and solve several real-life chemistry-related challenges. In the private sector, venture capital helps fund early-stage companies that are developing innovative technologies or services to advance the principles of a circular economy. Each year they have an annual call for funding for the following topics: Upscaling projects: Developing/testing/demonstrating innovative technologies and products Read more [...], Private Finance for Energy Efficiency (PF4EE) instrument is a joint agreement between the EIB and the European Commission which aims to address the limited access to adequate and affordable commercial financing for energy efficiency investments. Our future depends on reusing what we have in a sustainable way. In a new call, challenges are published to which SMEs and start-ups can respond. Most of it quickly ends up as waste - less than 10% is reused or recycled. With the global population predicted to approach 9 billion people by 2030, we are using more resources than the planet can provide. Target Audience(s): SMEs. They host most of the world’s population, generate about half of the planet’s waste and consume 70% of all resources and energy. They are looking for disruptive early stage ideas that add circularity throughout the whole value chain of the fashion industry – changing the way garments Read more [...], The Circular Design Challenge, led by the Ellen MacArthur Foundation and hosted by OpenIDEO, is calling upon a global community to submit ideas, innovations, and new technologies with the potential to transform the plastics economy. With the Green Projects Scheme, the government stimulates green investments in the latest developments in environmental technology, the circular economy and sustainable and innovative (construction) projects. Funding in a circular economy Whilst the term ‘ESG’ only joined the lexicon in the mid-2000s, socially responsible investing is by no means a new phenomenon. We as a bank have to value differently, treat risk differently, and finance differently when it comes to the circular economy. How can small to medium-sized local businesses improve the legacy of major city events and conferences? For information and support on how to finance circular economy in an urban context, visit the website Circular City Funding Guide. The event, scheduled for Nov. 6 in Vienna, is a valuable opportunity for companies, researchers, academics and creative individuals Read more [...], Veolia and EIT RawMaterials drive their third startup campaign for startups in the field of circular economy. BioVoice – Innovation & Business Booster Programme Type of scheme: The ongoing innovation programme BioVoice started in 2019 and is divided into annual calls of six weeks. COVID-19 has generated lots of speculation on the long term impacts on consumer habits, but the pervasive trends have been emerging steadily over time. The chosen project can, for example, be a new course on the circular economy at a vocational institution, a package of supplementary training for a specific professional group, an experiment carried out in co-operation with businesses or innovative educational materials. The five-year Āmiomio Aotearoa - a circular economy for the wellbeing of New … As part of the New Plastics Economy Innovation Read more [...], Tarapacá Circular® is an idea competition run by the Center for Innovation and Circular Economy (CIEC) and Tarapacá Labs. Companies like Raylo are addressing that by designing their business model around the philosophy of recycling your phone, not just removing the friction that exists for consumers looking to move on old devices but doing so with a high-quality customer experience. LIFE funding (the EU’s financial instrument supporting environmental, nature conservation and climate action projects throughout the EU) The work programme 2014-17 is focused on resource efficiency, green and circular economy. The aerospace demand for high-quality material is typically accompanied by large amounts of waste during the manufacturing process. AkzoNobel launches global chemicals start-up challenge: “Imagine Chemistry“ Imagine Chemistry, launched in conjunction with KPMG, Read more [...], In 2013, the Young Global Leaders (YGL) Circular Economy Taskforce from the World Economic Forum came together to build universal awareness amongst business leaders that the circular economy represents a wealth of business opportunities which can reduce costs, increase profits and Read more [...], The Circulars award program, the world’s premier circular economy award program recognizing individuals and organizations making the circular economy a reality, is open for the 2018 entries until 30th Sep 2017. From engineering and physical sciences to the social sciences, agriculture, plant and animal sciences. Learn More We have also realised, however, that a Read more [...], The Circular Economy Award of the Vibes Awards (Vision in Business for the Environment of Scotland)recognises businesses that can demonstrate a circular approach to material use and business function. The circular economy is a new way of doing business that extracts as much value as possible from resources by recycling, repairing, reusing, repurposing, or refurbishing products and materials—eliminating waste and greenhouse gas emissions at the design stage. In a similar vein, The Bike Club recognised the systemically inefficient market of children’s bikes, addressing both the issue of both the challenge of ensuring your child has access to a bike that they actually fit during their formative years as well as the ability to effortlessly replace bikes that no longer fit. These new models don’t just remove that compromise, it could be argued that it is simply a better outcome for all involved. The first ECAP participants are brands and retailers Bobo Choses, OVS, Read more [...], The European Commission has approved an investment package of €222.7m from the EU budget to support Europe’s transition to a circular economy. In a modern world many items are deemed by Read more [...], The Global Change Award is an innovation challenge, initiated by non-profit H&M Foundation in 2015. The circular economy is an approach to make the most out of resources by keeping them in use for as long as possible, thus increasing their total value throughout their life cycle. Solver Funding, Prize, and Partnership Eligibility for the Circular Economy Challenge Solver Funding. They are enormously powerful pieces of technology that often are discarded after we upgrade to the newer model, possibly sold second hand but more likely thrown into the cupboard alongside miscellaneous USB cables and the charger for your long forgotten FitBit. Availability: July-October. As we move forward, we expect more of funds to emerge that explicitly seek companies in the wider ESG/Impact space as newer generations look to invest their money in funds that align with their values. The Circular Economy Investment Fund is a funding opportunity for businesses and organisations in Scotland working in all business and social economy sectors. We support initiatives that have solutions to reduce, recycle Read more [...], UNLEASH is a global innovation lab, which gathers 1,000 talents annually to collaborate on solutions to meet the United Nations Sustainable Development Goals (SDGs). Cities have an important role to play in the transition to a circular economy. The instrument targets projects which support Read more [...], Britain’s largest independent Waste Electronic and Electrical Equipment (WEEE) recycling and reuse company, Environcom, has won a prestigious business award in recognition of achieving the most comprehensive circular economic business model. The fund aims to accelerate the development of business innovation, including support for developing new technologies and the infrastructure Read more [...], The circular economy is still a relatively new concept in the US market, but there are definite signs of business, large and small, buying into the idea and attempting to understand what it could mean for their models. The benefits represented by a more circular and inclusive economy are numerous; from reducing plastic waste to saving our natural resources and money, a circular economy seems to be the way forward in the next decades. What are We Looking For? Total Funding: up to €60k per project. Specialist funds such as Bridges, Palatine Impact, Nesta and Circularity Capital are increasing in number but remain somewhat thin on the ground. Getting this balanced funding right is crucial in enabling the company to grow without restrictions. Since its inception, ESG investing has grown with inflows into sustainable funds jumping significantly around 2013, until it soared again in the run up to 2019/20. More than ever before has awareness converted to action and the choices we make as consumer, commuters and communities. Private equity funding is critical as companies mature from early-stage entrepreneurship and need to scale their products or service offering. The Commission is also examining how to use the Investment Plan possibilities in tackling the financing gap for innovative projects emerging from LIFE funding. There are 2 streams of funding: Stream 1: Food Innovation (funding of between $75,000 and $150,000) For collaborative partnerships that identify opportunities and apply innovative circular economy business models and practices for food waste or the food sector. Whether it was driven by the concept of ownership, by convenience, by awareness (or lack thereof) or by the availability of alternatives, the standard way of operating has caused well documented issues ranging from seas full of plastic, landfill sites the size of small cities and a general overabundance of low quality items that fill our homes. A major € 650 million initiative has been launched under Horizon2020 on ‘Industry 2020 and the circular economy’. Product as a service is a hugely exciting area and one that we think will grow significantly in years to come. Stimuleringsregeling Duurzame Energie (SDE++) Engineering Professor Kim Pickering has been awarded $10.9m in Ministry of Business, Innovation and Employment (MBIE) Endeavour funding to explore a circular economy concept created for the Aotearoa New Zealand context, shaped by the philosophies and values of both founding cultures, Māori and European.. COVID represents a foot on the accelerator rather than a hand on the steering wheel. In the past, if consumers were looking to make changes that positively impacted on their wider environment there was often a sacrifice such as durability, quality, cost, convenience. Part 1: Circular Food and Drinks Let’s look at what that might translate to in terms of businesses model. Register Now This funding is to help businesses develop new ways of working and to get ahead in a circular economy. As an advisor it is also an area that offers an interesting challenge from a funding perspective, with the companies requiring both the funding to grow the brand as per any other B2C growth capital investment, but also requiring potentially significant capital to grow their base of assets (bikes, phones, tablets etc…) which is more suited to debt. The EU funding will spur additional investments leading to a total of €398.6m to be invested into 144 new Read more [...], Zero Waste Scotland is investing European Regional Development Funds to help small and medium businesses (SMEs) be resource efficient and create a more circular economy. Transportation, accommodation and materials are Read more [...], The Global Good Awards is an all-inclusive awards programme open to all sectors and all sizes of business, charity, public sector and social enterprise. We compiled the most common questions related to our call for funding for circular economy training pilot projects A circular Read more [...], The Circular Economy for SMEs (CESME) project is a Europe-wide initiative created by the Business Development Centre in Denmark.
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