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![Page 1: Opening up new circular economy trade opportunities: Options for collaboration between the UK and the Netherlands - Nick Cliffe](https://reader034.fdocuments.in/reader034/viewer/2022050714/55b075bf1a28ab422f8b45cb/html5/thumbnails/1.jpg)
Delivering the inner loops of a circular economy
Nick Cliffe – Lead Technologist Resource Efficiency07824 865 [email protected] @moriati23
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Who we are
• We are the UK’s innovation agency - a national body set up by government
• We are responsible for investing over £440m each year in UK innovation
• We work across business, universities and government
Our aim is simple...
...to accelerate economic growth by stimulating and supporting business-led innovation
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8000 companies
Networks have >90,000 members
Over 100 competitions, committing ~£250m
More than 2000 years of business experience
60% of our grants go to small businesses
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What we do...
• We help strengthen the global competitive position of our leading businesses
• We identify and grow sectors and businesses with the capacity to become the best in the world
• We nurture the businesses that can succeed in the growth sectors of tomorrow.
We consider...
• Can the UK do it?
• Is the idea ‘ready’?
• Is there a large market opportunity?
• Can we make a difference?
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We can help with....
• Funding• Business & investment support• Connections• Networks
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... through many different routes
Collaborative R&D
Smart Launchpad
Innovation & Knowledge Centres
Catalyst
Access to finance
Access to knowledge
Access to equipment and skills
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What areas do we work in?
Anticipated expenditure per area in 2014-15
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• Resource constraints- For minerals, metals etc absolute scarcity is rare but
impacts of exploitation are increasingly a constraint- For biotic resources constraints include competing
resource uses, carrying capacity, and impacts of exploitation
• Materials security- Risk of supply interruption/non-availability for specific
materials, including many used in clean-tech/hi-tech applications• EU list of 20 critical raw materials
• Climate change- Resource efficiency as a means to manage embedded
carbon
Resource Efficiency: key drivers
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Resource Efficiency programme
Cuts across the strategy and programmes of Innovate UK
Addresses:
• reducing the quantity of materials used in products
• substituting materials that are environmentally unsound or where long term supplies are insecure with better alternatives
• encouraging a more circular economy, where materials are kept in productive use for longer by repair, re-use, remanufacture and recycling.
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Raw Materials Manufacture
Design
Distribution Use End-of-Life
repair
reuse
remanufacture
recycle
reduce or
replace
Context for Resource Efficiency
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horizons.innovateuk.org
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The Great Recovery
• Building networks of designers, materials experts and end-of-life businesses
• Exploring barriers to moving to circular business models
• Hub space in London FabLab to develop ideas
www.greatrecovery.org.uk
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Circular Economy Value Networks
• Circular Economy approaches are as much about ‘business models’ and (new) networks as about technology innovation.
• Value Networks are connected and aligned business models.
• Highly disruptive to current way of business but can enable larger opportunities than a business can manage alone.
• Must provide benefits to the customer.
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Recovering Valuable Materials from Waste
• January 2015
• £4.5m CR&D competition
• Reprocessors need quality, quantity and consistency of input and output
• Support to develop new processes for continuously produced waste streams to maximise value
• Materials not energy
• Up to £800k, 24 months
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product to service shift...
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A collaborative Feasibility Study competition to explore the business case for retaining value in goods through reuse, remanufacture or leasing/repair.
Up to £800k available
Projects £25 – 50k and 6 months duration
Led by a business owning the relationship with the final customer
Development of new ‘value networks’ expected
Output should be a business case and pilot project plan
A second round to fund a small number of pilots is proposed
Circular Economy: Business Models
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Circular Economy: Business Models
•Durable goods
• Focus on inner loops
•Repair, Reuse & Remanufacture
• Customer relationship is key
• Explore the business case
Manufacturer
‘re’-organisation
‘Retailer’
customer
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reuse
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reuse
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reuse
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remanufacture
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remanufacture
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remanufacture leasing
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Stay in touch...
• www.innovateuk.org/funding-competitions
• ktn.innovateuk.org – join sectors of interest
• Twitter:
–@innovate_uk