Supporting the transition towards circular economy in European cities and regions: Development of a replicable model for local circular economy projects
The InvestCEC project aims to increase investor confidence in circular economy projects and boost regional adoption of circular solutions. The goal is to develop a replicable model for the implementation of such projects in cities and regions across Europe by bringing together entrepreneurs, investors, and policymakers. The model’s viability will be developed and tested in the Austrian city of Klagenfurt.
The project is funded by the European Commission and runs from November 2022 to October 2025.
Understanding the local conditions in a city or region and defining priority industries or areas for the implementation of circular economy projects
Selecting entrepreneurs that can deliver effective solutions to address the needs identified
Coaching selected entrepreneurs to increase their investment readiness
Launch an investment programme and establish a venture capital alternative investment fund.
Gate2Growth will lead tasks relating to the selection and assessment of the participating entrepreneurs and their business plans. We will provide perspectives on ensuring that the model can be attractive to investors and suggest responses to current financial barriers to the implementation of a more circular economy.
G2G main activities are:
Providing tools and coaching for entrepreneurs to present themselves and their business models to investors
Contributing to the assessment and selection of entrepreneurs
Supporting the development of the selected entrepreneurs’ business plans
The project brings together 7 partners from 6 different countries across Europe.
This project has received funding from the European Union’s Horizon Europe research and innovation programme under grant agreement No. 101082131.