The rapid change of our climate and the unprecedented challenges for humanity have made it urgent to adopt a more sustainable and circular development model. To accelerate the transition, many cities, regions and other promoters in Europe are already developing and applying circular economy projects. However, due to the perceived risks involved, such projects often struggle to secure the necessary investments, hindering their implementation.
To address this challenge, a new initiative called CircularInvest has been launched under the Circular Cities and Region Initiative (CCRI) to bridge the gap between circular economy project development and implementation by helping circular project beneficiaries become investment-ready and access financial resources.
CircularInvest will provide free project development assistance to the most promising European circular economy ideas, offering a variety of customised services based on their needs, including:
Circular economy project owners can apply for CircularInvest project development assistance by submitting their applications via open calls on the CircularInvest platform (www.circularinvest.eu)
The first Open Call will be open from the 28th of April to the 30th of June 2023. Stay up to date on all developments by following the CircularInvest platform
Recirculate Systems aims to reduce single-use waste by linking reusable items directly to payment transactions through app-free, POS-integrated technology. Founder & CEO Ali Hood shares how the startup is transforming circularity and scaling its impact with support from CircularInvest.
CircularInvest brings circularity to the stage of the Slush Event with a side-session: Circular Connect – The Circular Economy Investment Case. The event will bring together practitioners, investors, and city representatives to explore how circular business models can drive strong returns while addressing pressing sustainability challenges.
ReNew Lifecycle is developing a platform to extend the lifespan of electronic devices through intelligent fleet management and refurbishment. With support from CircularInvest, the project refined its business model, engaged investors, and joined a network of circular innovators. It now aims to scale its solution across markets, reduce waste, and set a standard for sustainable electronics.
SURLEV has developed a method to lift existing sloped roofs instead of demolishing them to create new space without additional footprint.
