Project description
Supporting the circular economy’s uptake in Aragon, Spain
Circularity is an essential aspect of the industry transformation towards resource-efficiency, climate neutrality and long-term competitiveness. The EU-funded RESOURCE project will study and speed up the private funding of circularity-related projects in Aragon by bringing together partners from across the entire value chain. It will develop a project development assistance solution to reinforce these projects by building an integrated expertise pool to support technically, economically and legally the regional circular economy pilot SMEs. It will also develop innovative financing schemes and business models, and launch concrete investments. Results will be disseminated to maximize the project’s impact in Aragon and beyond.
Objective
The Region of Aragon together with local and European partners aims to support the uptake of the Aragonese Circular Economy (CE), through a new project development assistance service, that aims at accelerating the private funding of CE projects in the region: The RESOURCE project (REgional project development aSsistance fOr the Uptake of an aRagonese Circular Economy).
RESOURCE gathers partners all along the value chain. G.A.C Group, (impact maximisation) is the project coordinator. CEEIARAGON the regional a reference centre of Aragon for the development and consolidation of technology-based business projects, will support GAC in co-coordinating the Project. Project partners involve the Government of Aragon (policy alignment), ANCES (links to private funders), AITIIP (technical support to projects), European Business Network, to liaise with a large array of European region and the CCRI, and University of Leiden, for expertise on circularity assessment.
The overall implication is that implementing a change from a linear to a circular business model involves significant risks, which necessitates de-risking, in combination with a learning environment. Providing some financial support is essential. Investors and lenders need to learn about and assess better if financing such business investments in circular transitions will pay off, so that they ultimately can take over the role of providing risk capital.
RESOURCE aims therefore at co-creating a Project Development Assistance (PDA) solution which reinforces Circular Economy projects, supports innovative business models and investment schemes, to help them raise funds from the private market in Aragon. In this project 9 pilot projects will seek funds for an investment of 20M€. The approach developed in the project aims at feeding from European best practices and replicated in other regions.
RESOURCE is focussing on the Aragon region and will last 36 months.
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: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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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)
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.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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HORIZON.2.6 - Food, Bioeconomy Natural Resources, Agriculture and Environment
MAIN PROGRAMME
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HORIZON.2.6.7 - Circular Systems
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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.
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.
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-CSA - HORIZON Coordination and Support Actions
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) HORIZON-CL6-2021-CIRCBIO-01
See all projects funded under this callCoordinator
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.
92130 Issy Les Moulineaux
France
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.