Fit 4 Circularity

How to engage the transition to a more circular economy

Our mission

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Luxinnovation contributes to the economic development of Luxembourg by fostering innovation, fuelling international growth and attracting foreign direct investment.

LUXINNOVATION GIE

Luxinnovation : a private-public partnership

CHAMBEROF COMMERCE

CHAMBREDES METIERS

FEDIL

MINISTRYOF HIGHER EDUCATIONAND RESEARCH

MINISTRYOF THE ECONOMY

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Linear Economy

“Cradle to Grave”

Take

Natural

Resources

Make

Product

Dispose

Waste

Nature Nature

Point of sale

www.circle-economy.com

The Value Hill

In a linear Economy

What is Circular Economy?

A circular economy is an

alternative to a traditional

linear economy (= make,

use, waste) in which we

keep resources in use for

as long as possible, extract

the maximum value from

them whilst in use, then

recover and regenerate

products and materials at

the end of each service life.

Biological CycleConsumption Products

Biosphere Technosphere

Technical CycleService Products

Production

Product

Use

Biological Degradation

Biological Nutrients

Plants

Biological Cycle

Consumption Products

Production

Product

UseReturn,Disassembly

TechnicalNutrients

Technical Cycle

Service Products

www.circle-economy.com

The Value Hill

In a circular economy

Why Circular Economy?Study from the Ministry of the Economy in 2015

• Generate €300 million to €1 billion EUR annual net-

material cost savings

• 2.200 jobs especially for young unemployed in the

next years if robustly applied in the construction,

automotive, manufacturing, financial, logistics, R&D,

and administrative sectors.

• Being less dependent on the financial sector.

RETHINKInnovation –

New Uses

REUSEwith high quality

UPCYCLEQuality Improvement

RecycleDowncycling

REDUCEIncremental Reduction

Quality & Performance improvements

Minimise Negative Impacts

Time

EFFECTIVENESS

EFFICIENCY

Cradle to Cradle principles, McDonough Braungart Design Chemistry

Performance & Quality

”Doing a lot of good instead of doing less bad”

Production

Product

UseReturn,Disassembly

TechnicalNutrients

Sustainable

production,

design, energy,

water

Eco-design,

material passport,

material value

Product as a

service,

peformance

economy, quality

Consumer / User

sharing economy

Financing

Local / regional

economy, repair,

refurbish

Reverse logistics,

product parts or

materials

Resource

management,

recycling, upcycling

Examples CE Actions

Circular Economy and innovation…

• The circular economy is an ecological way of thinking…

• Circular economy is interesting…for the big players!

• Innovation is not for me, I don’t do RDI

• I don’t have the resources to innovate

• In my sector, competition is hard, it is all about pricing!

Some stereotypes:

Fit for Circularity

Fit for Circularity

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Fit for Circularityis a national initiative developed by the Ministry of the Economy and Luxinnovation in order to motivate Luxembourgish companies to engage towards a circular economy

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Check the potential for a circular economy approach

Implementsuccesfully circular

economy principles into company’s activity

Analyse the value creation

process of the company

Define a clear circular innovation roadmap

Timeline of a F4C Project

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Introduction - Initiation to

circular economy- Circulab game- Define scope of

analysis

Process Analysis- Production

process- Material Flow

Analysis- Overhead services

analysis

Phase 1 : DiagnosisKick-off

Value Chain Analysis - Business strategy- Overall

organisational and financial review

Roadmapto a succesfull transition to a more circularBusiness Model

Phase 2 : ImplementationKick-off

Two phases approach

Fit for circularity – How does it work

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Added value for the company:

Confront the company’s strategy to a new economic business model thinking;

Possible financial aid and simplified application procedure;

Identify factors that could leverage a sustainable growth

Prioritise and evaluate circular economy opportunities

Luxinnovation drafts the contracts and thus offering the company a simple “ready to sign” approach

The circular economy consultants approach is checked and validated by Luxinnovation

Luxinnovation assists the company in the administrative workload in order to minimize the effort for the company

Triparty Approach

Company Offer

Client Demand

Resource Management

Sustainable procurement

Eco-conception

Industrial Ecology

Product as a service

Responsible consumptionLife cycle prolongation

Re-useRe-pair

Recycling

The analysis covers the whole activity of the company

FIT 4 Circularity

Phase 1 : Diagnosis

The external costs relatedto the establishment of the «Circular EconomyRoadmap» can be co-funded up to 50% (and maximum 10.000 €)

Phase 2: Implementation

Possible co-funding of total RDI project costs(internal & external) depending on caracteristics of the project and company

Please note:

• There is no guarantee that the implementation phase will be accepted (even if the diagnosis has been co-funded by the Ministry)

• There is also no obligation to engage phase 2 after the diagnosis

Co-Funding Schemes

Thank you!

www.luxinnovation.lu

www.linkedin.com/company/luxinnovation-gie

www.facebook.com/Luxinnovation.Making.Innovation.Happen

www.twitter.com/Luxinnovation

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Claude FeiereisenDeputy Cluster Manager

LUXINNOVATION GIE5, avenue des Hauts-FourneauxL-4362 Esch-sur-Alzette

T (+352) 43 62 63 - 887

M (+352) 621 985 152claude.feiereisen@luxinnovation.lu