Objective The objective of our overall innovation project is to boost the growth potential and internationalisation of EBL’s unique and highly innovative business model, systems and services for habitat banking. The subsequently expected outcomes will be: (1) habitat banks demonstrated and critical market mass attained in England (our current market); (2) habitat banks demonstrated and market replicated in Spain (where new regulation provides the most promising entry point for market replication in continental Europe). The overall project will provide a robust springboard for further growth in England and Spain and market replication in other EU countries, allowing us to seize the business opportunity presented by expected growth of a € multi-bn/yr habitat banking market. The specific objectives of this Phase 1 feasibility study are: (1) To fill key gaps in our feasibility assessment for England, through: (a) legal analysis to give clarity to planning mechanisms for habitat banking; (b) market demand studies for three pilot areas (Buckinghamshire, Oxfordshire, Surrey); (c) land manager partner searches for these pilot areas; (d) economic analysis of the cost of operations to create and manage restoration of native grassland; (e) legal analysis of IP protection, or strategy for subsequent commercialisation of licences, for project-derived metrics. (2) To fill key gaps in our feasibility assessment for Spain, through: (a) refining our assessment of potential market demand and supply in Extremadura; (b) developing partner and user relations, building on our existing links with central government, regional planning authorities, developers, landowners, lenders and consultants; (c) refining our assessment of feasibility in relation to the emerging legal framework in Spain. (3) To develop a comprehensive feasibility assessment and strengthened business plan to meet the broad aim of our overall innovation project, for incorporation in a subsequent SME Instrument Phase 2 submission. Fields of science social scienceseconomics and businessbusiness and managementbusiness models Programme(s) H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials Main Programme H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument Topic(s) SC5-20-2015-1 - Boosting the potential of small businesses for eco-innovation and a sustainable supply of raw materials Call for proposal H2020-SMEInst-2014-2015 See other projects for this call Sub call H2020-SMEINST-1-2015 Funding Scheme SME-1 - SME instrument phase 1 Coordinator THE ENVIRONMENT BANK LIMITED Net EU contribution € 50 000,00 Address LITTLE LONDON COURT 5 MAYFAIR HOUSE SN1 3HY SWINDON United Kingdom See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region South West (England) Gloucestershire, Wiltshire and Bristol/Bath area Swindon Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00