- On 20 December, the CirCoAX by CircularInnoBooster project took centre stage at one of the meetings of the “Sevilla Emprendedora” forum thanks to the representation of the Finnova Foundation.
Juanma Revuelta, CEO of Finnova, partner foundation of the CirCoAX by CircularInnoBooster project, participated in the forum of “Sevilla Emprendedora” as a representative of the European project. During his speech, Revuelta explained the aim of the project, which is to transform textile and fashion companies into sustainable, circular and regenerative companies. With a duration of 2 years, it has a budget of 1,128,000 euros, 75% co-financed by the European Commission.
Finnova’s CEO took the opportunity to stress the importance of CirCoAX, an eight-month acceleration programme that provided 30 consortia (#CirCoAX30) from across the EU committed to circularity with funding, training and further activities to develop their ideas.
«The fashion industry is currently the second most polluting industry in the world, a fact that has a clear impact on society and the planet. That is why programmes like CirCoAX by CircularInnoBooster are really important, not only to raise awareness but also to train and encourage new companies in the textile sector to produce in a more sustainable and circular way», he concluded.
is a project funded by the European Union’s Competitiveness of Enterprises and Small and Medium-sized Enterprises Programme (COSME).
The CircularInnoBooster project aims to transform companies in the textile and fashion industry into sustainable, circular and regenerative enterprises. With a duration of 2 years, it has a budget of 1,128,000 euros, 75% co-financed by the European Commission. The project is composed of an international consortium led by the European Institute of Design (IED), together with Texfor, Circulab, Finnova and The Circular Project with HumanNation.
COSME is the Competitiveness of Small and Medium-sized Enterprises programme of the European Commission’s Executive Agency for Small and Medium-sized Enterprises (EASME).
Through this programme, assistance is provided to SMEs to help them develop their business models, access finance and internationalise. It also provides support to public administrations so that they can improve the business environment and facilitate economic growth in the European Union. During the 2014-2020 funding period, this programme earmarked €2.3 billion to support SMEs.
The Istituto Europeo di Design is an academic institution operating in the field of education, training and research in the disciplines of design, fashion, visual communication and management. IED has branches in Spain (Madrid and Barcelona), Italy (Milan, Rome and 5 other cities) and Brazil (São Paulo, Rio de Janeiro). It operates in several EU and COSME countries through partnerships and agreements with institutions, business support organisations, teachers, experts and mentors. IED is based on a wide network of connections in the F&T (Fashion and Textile sector.).
Finnova is a foundation working for the promotion and development of innovation and entrepreneurship at EU level. Based in Brussels, it operates through collaborations and partnerships in all EU countries. Finnova’s expertise in leading European project communication and dissemination activities is combined with a strong proven track record in start-ups and business support programmes, such as accelerators, incubators and selection and award ceremonial events.
Texfor is the textile association of reference in Spain with 400 members. Founded in November 2010 and based in Catalonia, it brings together companies from the entire textile value chain, from yarns to fabrics through accessories, finishing processes, printing and dyeing for the garment industry, home textiles and technical/industrial applications. Texfor has specialisation and experience, having worked in important expert committees at EU level: university and vocational training, financial capacity building, transversal collaboration, promotion of RDI, specialised services and leadership in sustainability with a focus on the circular economy.
Circulab is a laboratory and business design studio specialising in the development of methodologies, tools and transformation programmes to help companies develop circular and sustainable business models. Circulab has designed a set of tools to implement the circular economy model in companies. It operates in more than 23 countries, 9 of them in the European Union, supporting projects through more than 60 independent business consultants, applying the circular methodology and tools.
About The Circular Project with HumanNation
TCP (The Circular Project) favours and promotes circular and sustainable fashion in different areas, offering the fashion industry a communication strategy based on a cross-cutting and systemic approach to the circular economy. TCP combines social, ethical, environmental and economic aspects, and has a strong presence and connections in the world of sustainable fashion. TCP has promoted the Circular Sustainable Fashion Week in Madrid, a unique event of its kind, and also acts as the headquarters of the Spanish Association for Sustainability, Innovation and Circularity in the Fashion Industry. TCP is also an ambassador for Sannas (Triple Bottom Line Business Association) and has collaborated with a wide range of Spanish, European and Latin American institutions and companies. The Circular Project is working with Human Nation to co-design and develop CirCoAX. HumanNation is a consulting firm specialising in the development of innovation ecosystems and transformative and disruptive companies for the “new economy”. It is based on the fourth economic sector, systems thinking and co-creation. It sensitises organisations and ecosystems to respect planetary boundaries and the social fabric, creating resilient local economies with a global perspective.
About Next Textile Generation Next Textile Generation aims to give visibility to and promote innovative ideas on sustainable practices in fashion and textiles. Through this platform, Finnova disseminates relevant information related to the industry with information on other European projects.