Industry & Business

Fund For Circular Economy Innovators Launched

Fund For Circular Economy Innovators Launched

Fund For Circular Economy Innovators Launched
May 01
11:55 2019

The Government has launched a €600,000 funding opportunity for novel approaches to promote the circular economy, maximise resource efficiency and reduce waste. It will fund innovators to develop and demonstrate business-ready solutions in the circular economy for consumers and for commercial clients. This funding call is a key part of Ireland’s National Waste Prevention Programme which is led by the EPA. 

The Minister for Communications, Climate Action and Environment, Richard Bruton T.D. said: “Transition to a low carbon circular economy will disrupt traditional business models and create new enterprise opportunities. This fund is an excellent opportunity for early movers to seize these opportunities and lead the way. Ireland uses over 100 million tonnes of materials annually, and too much of the waste from this often ends up in landfill or an incinerator after only a short period of use. This funding initiative provides a bridge to commercial, transferable and scalable solutions that will deliver a circular and low carbon economy in Ireland.”

Applications are invited in areas of national importance such as Food Waste Prevention; Construction & Demolition and Plastics. These are key priorities nationally which require innovative thinking and solutions and are also priorities of the EU’s Circular Economy Package.

Laura Burke, Director General of the EPA, said: “The EPA’s National Waste Prevention Programme supports behavioural change and sustainable choices through targeted funding programmes and sharing best practices. Inefficient consumption and missed opportunities for reuse & recycling leads to more waste and higher greenhouse gas emissions. The EPA is pleased to support smart management of materials to keep them in use longer which reduces demand for raw materials and protects the environment. This is the win-win opportunity presented by the circular economy.”

The National Waste Prevention Programme offers opportunities for innovation funding, networking and partnering. The EPA is planning new strategic programmes with high visibility and influence and is keen to work with other organisations, public bodies and networks in the areas of industry & enterprise, product design and research & innovation. Further information on the National Waste Prevention Programme and the funding call – Green Enterprise – Innovation for a Circular Economy is available on the EPA website.

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