Supply chain innovation towards a circular economy
The Technology Strategy Board is to invest up to £5m in collaborative research and development that aims to preserve the value of products and/or materials at end-of-life and keeps them in productive use for longer. We are seeking proposals that reduce environmental impact of material lifecycles and dependence on materials with a supply risk, in other words proposals that make supply chains more circular. Proposals should aim to cut general waste stream losses in half – or more. READ MORE
Universities and research organisations capped at 30% of the total.
Intervention 50% for Large Companies 60% for SMEs
Max Value of projects £1m
Max Duration 24 months.
- Business-led collaborative research and development projects to recover products and/or materials at the end of their life to retain their value and keep them in productive use for longer.
- Maximising retained value at the end of a product's life before material enters a general waste stream. Included within the scope of this competition are investigation of novel design approaches and new business models.
- Projects describe how they will retain value and reduce losses to general waste streams. Value can be retained, for example by shifting to circular business models such as leasing (maintenance and reuse) and remanufacturing or through secondary uses of captured materials (recycling).
- Projects and proposals should seek to cut general waste stream losses for a product type by at least half.
- Successful projects are likely to incorporate a significant design component,
- Energy from waste and low-value end uses such as aggregates are excluded.
Link:- Supply chain innovation towards a circular economy