In a world increasingly aware of the importance of sustainability and circular economies, the CircularInvest project is back for its second call. CircularInvest is set to bridge the gap between circular economy project developers and investors across Europe. With its tailored services and a mission to make circular projects investment-ready, CircularInvest is one of the first Project Development Assistance (PDA) projects operating under the Circular Cities and Regions Initiative (CCRI) of the European Union.
Bridging the Gap: CircularInvest’s Mission
Circular economy projects have the potential to revolutionise the way we think about resource management and sustainability. Yet, the path from concept to realisation can be challenging, particularly when seeking financial support. CircularInvest is on a mission to change this.
CircularInvest is a dynamic initiative run by four organisations – INOVA+, META Group, Circle Economy, and ICLEI Europe. This consortium possesses the right combination of competences, experience, and a vast network of experts to offer unique and effective services to circular economy project promoters.
The core objective of CircularInvest is to help circular economy projects reach maturity and become investment-ready, thereby increasing their chances of securing the necessary financial resources for implementation. Projects that CircularInvest supports should exhibit a minimum viable product or a scalable prototype (Technology Readiness Level 6 or higher), have a clear business and financial model, and demonstrate strong economic potential. They should also be innovative, providing distinct advantages over existing alternatives and generating positive environmental, economic, and social impacts in one or more eligible territories.