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Social and Technological Innovation Factory for Low-Carbon and Circular Industrial Value Chains

Project description

Increasing circularity and social innovation in European manufacturing

The EU-funded SoTecIn Factory project will bring together a community of mission-oriented innovators with the aim of supporting social entrepreneurs in increasing the circularity of key product value chains and promoting social innovation culture in European manufacturing businesses. The project will deliver financial and capacity-building support to 50 social innovations and 30 mission-oriented pre-market demonstration projects, improving the circularity of the seven key product value chains as defined by the EU Circular Economy Action Plan. Moreover, these demonstrators will aim for higher-value circular economy strategies such as reuse, repair, refurbish and re-manufacture. Furthermore, SoTecIn Factory will support a multi-stakeholder, transnational Community, led by 7 Regional Hubs, in designing and stewarding value chain-based missions and , delivering real-life industry challenges.

Objective

The SoTecIn Factory - Social and Technological Innovation Factory for Low-Carbon and Circular Industrial Value Chains - goal is to connect industry with society in a community of mission-oriented social innovators, to support social entrepreneurs in their drive to increase the circularity of key product value chains, and to promote a culture of social innovation in European manufacturing businesses. The SoTecIn Factory serves the EU priority ?A European green deal? and its European industrial strategy by giving financial and capacity-building support to social innovations that improve the circularity of the seven key product value chains, as defined by the EU Circular Economy Action Plan. It supports systemic transformation towards restructuring value chains to be low-carbon and circular, by implementing higher value circular economy strategies, i.e. reuse, repair, refurbish and remanufacture. Specifically, the SoTecIn Factory will support 40 mission-oriented social entrepreneurs with services regarding governance (through the creation of stewardship councils for each innovation), business model, capacity-building, fund-raising and exploitation, and 30 mission-oriented pre-market demonstration projects.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-RIA - HORIZON Research and Innovation Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-CL4-2021-RESILIENCE-01

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Coordinator

INESC TEC - INSTITUTO DE ENGENHARIADE SISTEMAS E COMPUTADORES, TECNOLOGIA E CIENCIA
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 368 125,00
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 368 125,00

Participants (13)

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