CircularInvest | Powering access to investment for next generation circular economy initiatives in cities and regions

Summary
CircularInvest is a CCRI-PDA initiative proposed by 4 organisations (META, INOVA+, Circle Economy and ICLEI EURO) that aims provide project development assistance (PDA) to selected circular economy (CE) project promoters from across Europe so as to access the resources needed to develop significant CE investment projects at local and regional scale and to close the investments during the action. In the proposal phase, CircularInvest collected signed support letters from European cities that wish to benefit from the CircularInvest PDA services with an overall investment volume exceeding €20M. CircularInvest will be deployed in 4 stages:
1) Ignition: promotion and launch of 2 calls for expressions of interest to engage CE project promoters in CircularInvest´s PDA services;
2) Selection: implementing an independent and inclusive selection of CE investment project promoters (beneficiaries) to receive PDA support;
3) Technical assistance: delivering PDA services based on a three-pillar-approach: a) one-to-one tailored specialised services: support from experts to beneficiaries, b) many-to-one peer-to-peer workshops: support from beneficiaries to beneficiaries; b) many-to-many, knowledge transfer and networking actions: knowledge transfer and networking opportunities created for beneficiaries with investors, CE project promoters, and other stakeholders;
4) Replication: distilling lessons learnt and preparing the pathway for future replication through the exploitation key exploitable results: Step-by-Step Guide (K1) for de-risking of future CE investment projects; Policy recommendations (K2) for suitable policies for CE investments across Europe; Circular Investor guide (K3) for increasing investor trust; Community of Practice (K4), a knowledge exchange platform for CE investments promoters; Business cases (K5) to allow the replication of CE solutions and the process of accessing finance; Pipeline of CE investment opportunities (K6) for PDA support after the project.
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More information & hyperlinks
Web resources: https://cordis.europa.eu/project/id/101081845
Start date: 01-11-2022
End date: 31-10-2026
Total budget - Public funding: 1 999 800,00 Euro - 1 999 800,00 Euro
Cordis data

Original description

CircularInvest is a CCRI-PDA initiative proposed by 4 organisations (META, INOVA+, Circle Economy and ICLEI EURO) that aims provide project development assistance (PDA) to selected circular economy (CE) project promoters from across Europe so as to access the resources needed to develop significant CE investment projects at local and regional scale and to close the investments during the action. In the proposal phase, CircularInvest collected signed support letters from European cities that wish to benefit from the CircularInvest PDA services with an overall investment volume exceeding €20M. CircularInvest will be deployed in 4 stages:
1) Ignition: promotion and launch of 2 calls for expressions of interest to engage CE project promoters in CircularInvest´s PDA services;
2) Selection: implementing an independent and inclusive selection of CE investment project promoters (beneficiaries) to receive PDA support;
3) Technical assistance: delivering PDA services based on a three-pillar-approach: a) one-to-one tailored specialised services: support from experts to beneficiaries, b) many-to-one peer-to-peer workshops: support from beneficiaries to beneficiaries; b) many-to-many, knowledge transfer and networking actions: knowledge transfer and networking opportunities created for beneficiaries with investors, CE project promoters, and other stakeholders;
4) Replication: distilling lessons learnt and preparing the pathway for future replication through the exploitation key exploitable results: Step-by-Step Guide (K1) for de-risking of future CE investment projects; Policy recommendations (K2) for suitable policies for CE investments across Europe; Circular Investor guide (K3) for increasing investor trust; Community of Practice (K4), a knowledge exchange platform for CE investments promoters; Business cases (K5) to allow the replication of CE solutions and the process of accessing finance; Pipeline of CE investment opportunities (K6) for PDA support after the project.

Status

SIGNED

Call topic

HORIZON-CL6-2022-CIRCBIO-01-01

Update Date

09-02-2023
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Horizon Europe
HORIZON.2 Global Challenges and European Industrial Competitiveness
HORIZON.2.6 Food, Bioeconomy Natural Resources, Agriculture and Environment
HORIZON.2.6.7 Circular Systems
HORIZON-CL6-2022-CIRCBIO-01
HORIZON-CL6-2022-CIRCBIO-01-01 Circular Cities and Regions Initiative’s project development assistance (CCRI-PDA)