- The EPA’s Green Enterprise: Innovation for a Circular Economy fund worth €625,000 is now open for applications.
- Applications for project funding in the range of €50k to €100k are invited, to support Irish businesses develop circular solutions in product and service design, production, distribution, use of resources – including raw materials and waste reduction.
- The fund is aimed at business-ready innovative projects targeting the areas of food; plastic; construction and demolition waste; and resources & raw materials.
- Circular business models contribute to a climate-neutral, resource-efficient economy, but also offer competitive opportunities, and appeal to customers and consumers looking for sustainable options.
The Environmental Protection Agency (EPA) today launches its €625,000 funding opportunity for Irish enterprises to innovate, demonstrate and implement circular economy approaches in their business models.
Speaking about the Green Enterprise: Innovation for a Circular Economy funding call, Ms Laura Burke, (Director General of the EPA) said:
“A ‘circular’ economy reduces waste throughout the economic cycle and ensures that materials are used as efficiently as possible. Circular businesses reduce costs and environmental impact by reusing, repairing and recycling materials already in use. These approaches can advance the green transition, accelerate digital transformation and can deliver new jobs and skills as Ireland implements its National Recovery and Resilience Plan.”
The EPA is inviting business and industry applicants from across Ireland’s economy with business-ready innovative projects targeting the areas of food, plastic, construction and demolition waste and resources and raw materials.”
The EPA’s Green Enterprise: Innovation for a Circular Economy fund supports Irish enterprises develop and demonstrate circular economy approaches, designing out waste and pollution and keeping products and materials in use for longer. The types of projects being targeted include:
- Use of eco-design to develop sustainable products.
- Innovation to reduce the use of raw materials in product manufacturing.
- Development and implementation of circular production processes (designing out waste, life cycle analysis).
- Recycling, reuse and repair activities in the business and industry sector.
- Circular services and business models (to transform consumption patterns, logistics and to foster reuse and repair).
Ms Mary Frances Rochford, (Programme Manager, EPA Office of Environmental Sustainability) said:
“The circular economy is shaping national and international business models as a viable market response to environmental and climate challenges. Moving to a circular economy is critical for Irish business as Ireland positions itself as a market leader in the provision of goods and services, while protecting the environment, protecting the economy, and protecting local jobs.”
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