INFODAY: Opening of the call for the European accelerator CirCoAX, which will scale SMEs in the fashion and textile industry that favour the circular economy in the sector

The application form will be open from Wednesday, 21st July at 17h CET.

The selected applications will receive a financial support of 12,000 EUR. 

Proposals must favour the sustainable transition of the sector, through the circular economy but also social innovation. 

Interested candidates will have until October 13th to send in their applications.

Registration link to the infodays: http://registration.nextextilgeneration.eu/

On Wednesday 21st of July at 17h CET and next Wednesday, 28th of July, the CircularInnoBooster project is holding two Infoday sessions regarding the opening of the call for proposals for interested SMEs, startups and entrepreneurs from the fashion and textile sector to apply to be part of its CirCoAX accelerator. 

The application form will be available to potential candidates from Wednesday 21st of July and the call will close the 13th October 2021.

CircularInnoBooster Fashion and Textile (F&T) is a project of the COSME programme of the European Union, with an initial duration of two years and a budget of €1,128,000.  It is 75% co-financed by the European Commission. Led by the IED (Istituto Europeo di Design), together with the Finnova Foundation, Texfor, Circulab and The Circular Project with HumanNation, it aims to transform the highly polluting fashion and textile industries through innovation, fostering entrepreneurship to generate business models based on the circular economy, turning SMEs and start-ups into sustainable and circular companies. Through the regenerative economy model, the project aims to become a benchmark for the total transformation of the industry, from raw materials to the end of life of the garments, providing a solution to the structural problems of conventional industry. 

In addition, the project has an important social perspective, favouring the creation of value-added jobs at all levels of production, contributing to the achievement of several of the United Nations Sustainable Development Goals (SDGs), such as the end of poverty, zero hunger and gender equality.  

To achieve these objectives, the CirCoAX accelerator has been created to provide SMEs with both financial and business support to enable them to scale their proposals. The business model of the applications must favour the circular economy, being able to focus on any of the areas of the Fashion Design and making, Textile Industry, Education & Research, Dissemination and Communities & Platforms. Likewise, applications that provide social innovation will be positively assessed.

In the presentation of the call, which will be led by Sharam Yalda, founder of HumanNation and project manager of CircularInnoBooster, the representatives of the different partners of the project will introduce the key points that candidates must meet to be selected. 

Following the submission of applications, which will close on 13 October 2021, the 30 most disruptive candidates selected will receive a €12,000 grant to scale their innovative ideas. In addition, thanks to the team of industry experts that make up the project, the beneficiaries will have access to mentoring, as well as training and workshops in which best practices to be implemented throughout the value chain will be shared. In addition, marketing knowledge and business plans will be offered to ensure the success and sustainability of the projects once the programme has ended. 

Participation in this accelerator not only helps to receive support at various levels to implement new business models in line with an ecological and circular transition of fashion and textiles, but also gives them the opportunity to set themselves up as benchmark projects on a European scale.

About COSME

COSME is the program for the Competitiveness of Small and Medium Enterprises of the Executive Agency for Small and Medium Enterprises (EASME) of the European Commission.

Through this program, assistance is offered to SMEs to develop their business models, access financing and internationalize. Likewise, support is offered to public administrations to improve the business environment and facilitate economic growth in the European Union. During the 2014-2020 funding period, this program allocated 2.3 billion euros to support SMEs.

About IED 

The Istituto Europeo di Design is an academic institution that operates in the fields of education, training, and research in the disciplines of design, fashion, visual communication, and management, covering professional, vocational, and business design training. IED has branches across Spain (Madrid, Barcelona), Italy (Milan, Rome, and 5 other cities), and Brazil (São Paolo, Rio de Janeiro). It operates across several EU and COSME countries through collaborations and agreements with institutions, business support organizations, professors, experts, and mentors with whom it has established relationships. IED draws on a broad network of connections in the F&T sector specifically for this project, drawing on R&D in the areas of fashion design, product design, interior design, visual arts, communications, and management.

https://iedmadrid.com/

 

About Finnova

FINNOVA is a foundation that works for the promotion and development of innovation and entrepreneurship at the EU level. With headquarters in Brussels, it operates through collaborations and partnerships across EU countries. FINNOVA expertise in leading communication and dissemination activities for EU projects is coupled with strong proven experience in setting up businesses and entrepreneurial support programmes, like accelerators, incubators and selection and award/ceremonial events.

https://web.finnovaregio.org/

 

About Texfor

TEXFOR is the reference textile association in Spain with 400 members. Founded in November 2010 and located in Catalonia, it groups companies of the whole textile value chain, from yarns to fabrics including accessories, finishing processes, printing and dying for the apparel industry, home textiles, and technical/industrial applications. Texfor has specialization and experience, having worked on important EU-level expert committees: University and Vocational Training, Financial capacity building, Cross-Sectoral collaboration, R+D+I promotion, specialized services, and sustainability leadership focused on the circular economy.

https://www.texfor.es/

 

About Circulab

CIRCULAB is a business design lab and studio specialised in developing transformation methodology, tools and programmes to help businesses develop circular and sustainable business models. CIRCULAB has designed a toolkit for implementing Circularity in businesses and operates across +23 countries (9 EU countries), supporting projects through +60 certified independent CE consultants, applying the Circ methodology and tools.

https://circulab.com/ 

 

About The Circular Project co-designed with HumanNation

TCP (The Circular Project) favours and promotes a circular and sustainable fashion in different areas, offering the fashion industry a communication strategy based on a cross-cutting and systemic approach of the circular economy. TCP combines social, ethical, environmental and economic aspects, and has a strong presence and connections in the sustainable fashion world. TCP has promoted the Circular Sustainable Fashion Week Madrid, a one-of-a-kind event, and also serves as HQ for the Spanish Association for the Sustainability, Innovation and Circularity in the Fashion Industry. TCP is also an ambassador of Sannas (Triple Bottom Line Business Association) and has collaborated in a wide array of Spanish, European and Latin American institutions and enterprises.

For this project, The Circular Project works with HumanNation for the co-design and development of the project. HumanNation is a consulting firm specialised in the development of transformative and disruptive ecosystems of innovation and business: the ‘New Economy’. Based on the Fourth Economic Sector, systemic thinking and co-creation, it promotes awareness within organizations and ecosystems to respect planetary boundaries and social fabric, creating resilient economies at the local level, with a global perspective.

https://thecircularproject.com/

https://humannation.earth