Enspire Science Ltd.

Klagenfurt 

Carinthia, Austria

Demonstration objectives:

1. develop a replicable model for implementing circular economy projects in cities and regions;
2. attract investments for the project in the city of Klagenfurt, Austria;
3. create an interactive platform for investors, entrepreneurs, cities and citizens collaborating in a circular economy project.

Capacity-building objectives:

1. develop and implement measures to raise investors and regional authorities’ awareness of opportunities presented by circular economy, their economic potential and their financial viability, ultimately increasing their confidence in circular economy projects;
2. develop and deliver capacity-building activities to facilitate the transition to circular cities.

• Report on a model for initiation and implementation of circular economy projects (M6, final at M30):
  • Report on the progress in the demonstration of the model, including timing, relevant materials, challenges and solutions, final consequences and potential next steps. This will include the financial, technological, strategical support measures and actions provided by InvestCEC to make projects investment ready.
• Model and tools for urban/regional circular economy projects (M12, final at M36):
  • The complete model, including a description of the model and guidelines for the implementation of the different stages, replication materials for each stage (e.g. template for needs definition for the first stage, template for interested entrepreneurs to describe their offered solution for the second stage, guidelines for preparing business case and business plans for the third stage, guidelines on applying the model's investment programme for stage four).
• Replication plan for investment model at national and European level (M6):
  • A plan outlining the replication materials and replication activities that will be carried out in the project. Specifically, it will include details about the planning and development of the guidebook and national and European replication manuals, and additional replication material and activities (e.g. networking activities) at Austrian and European level.
• Circular economy investments – financial barriers and potential measures to address them (M12):
  • Report on the identified financial, investment-related barriers to the transition towards circular economy in cities and regions, and selected measures to overcome such challenges.
• Midterm and final policy recommendation brief (M18, M32):
  • Policy recommendation reports, outlining InvestCEC's experience-based advice for policy-makers to promote the transition towards circular economy at the city/region level. The final brief (M32) will include a White Paper explaining the current barriers to circular investment in cities and regions and recommending EU policy actions which could accelerate deployment.

By disseminating the results and outputs presented above to the CCRI community in webinars, events and through communication channels that the CCRI apply. Additionally, the support services provided by the project can be used to support the CCRI community – we will invite other projects, fellows and pilots to use them. We also envisage that we may consult with other members of the CCRI should we come across issues that require expertise or experience of other CCRI community member.

• Replication manuals and resources;
• a White Paper explaining the current barriers to circular investment in cities and regions and recommending EU policy actions which could accelerate deployment;
• measures to address main barriers and challenges that decelerate the transition towards circular economy in cities and regions.

1. Investment model – private and public investments;

2. funding opportunities at the EU, national and regional level.

Utilisation of waste to produce energy-efficient and circular use of resources.

• Transition towards CE and bioeconomy in cities and regions across Europe through developing and demonstrating a replicable CE projects model;
• creating a sustainable, safe and inclusive living spaces for citizens through the advancement of circularity in urban/regional settings and the involvement of all relevant actors (e.g. cities/regions, investors, entrepreneurs, policy-makers and citizens).

• Increased European resource independency and efficiency through advancement of CE solutions;
• enhanced European competitiveness in the field of CE and bioeconomy technologies.

• VENIONAIRE CAPITAL GMBH  
• FUNDACION CARTIF 
• Greenovate! Europe 
• InvestorNet-Gate2Growth 
• MATERALIA 
• STADTWERKE KLAGENFURT AKTIENGESELLSCHAFT