New business models that foster repairing, reuse and sharing, are an essential part of the Circular Economy, specifically in European cities, where on the one hand most of the material- and energy throughput occurs and on the other, innovative solutions can be rolled out best due to the inherent characteristics of the urban form (i.e. large availability of materials, high population density and urban consumption patterns).
The main objective of the Raw Materials and Circular Society Prize will be to support the implementation of new ideas for these business models.
You can visit our EIT RawMaterials website for more information.
Topics of interest
This call is specifically focused on ideas for “new” business models supporting the efficient implementation of the Circular Economy in Europe; ideas in the following themes are expected:
- Products and services designed to fit within a circular economy (so easy to maintain, share repair, upgrade, reuse or recycle, use of biomaterials, durability customisation) for the Automotive, Clean Energy and ElectronIcs Sectors
- New tools/methodologies to support circular design for products and services
- Digital Products Passport to improve disassembly, material and component reuse, recycling and materials reporting, as well as innovative business models
How does it work?
The application procedure is the following:
- Online application: Applicants must present by 31 May 2021 an online application form and a 2-page idea description where they should illustrate: the problems they address (market needs), technological solution, novelty, team composition and expertise, estimate time to market.
- First screening phase performed by an expert panel composed by EIT RawMaterials, ICLEI, Ellen MacArthur Foundation and the European Environmental Bureau (EEB) to assess the alignment of the application with the underlying objectives of the challenge: the 5 best applications passing this screening will be invited to pitch their idea to the Jury. Notification to shortlisted candidates will be sent during July 2021.
- Pitching contest: shortlisted candidates will pitch to the Jury panel composed of experts from EIT RawMaterials, ICLEI, Ellen MacArthur Foundation and the European Environmental Bureau (EEB). The jury panel will rank the pitched ideas according to the evaluation criteria described in the next section. The pitching ceremony will be held in October 2021 (venue and exact date to be communicated later to selected candidates).
If there are less than 5 applications, there will not be a pre-selection phase: all the applications will pass directly to the pitching contest (Phase 3).
The pre-selection panel and jury usually have a different composition, but jury members may participate in the pre-selection panel.
Read more about the rules of the prize here.
What is the timeline?
- Deadline for submitting business ideas: 31 May 2021 at 23:59 CET
- Selection of ideas and notification of acceptance/rejection: during July 2021
- Preparation for pitching contest: from August 2021 to 15 September 2021
- Pitching session and Award ceremony: October 2021 (exact date and location to be communicated in due course).
What is the prize?
- Financial award of EUR 10.000 lump sum for the winner in the theme Products and services designed to fit within a circular economy for the Automotive, Clean Energy and ElectronIcs Sectors;
- Financial award of EUR 10.000 lump sum for the winner in the theme New tools/methodologies to support circular design for products and services;
- Financial award of EUR 10.000 lump sum for the winner in the theme Digital Products Passport to improve disassembly, material and component reuse, recycling and materials reporting, as well as innovative business models.
Additionally, prize laureates will receive support to access EIT RawMaterials Entrepreneurship programmes.
Who can apply?
The Raw Materials and Circular Societies Prize Call 2021 is open to any legal entity (including natural persons) or group of legal entities established in an EU Member State or in a country associated to Horizon Europe. Typically, the following entities may apply:
In case of joint applications by a group of participants, the participants must appoint a 'lead participant' to represent them towards EIT RawMaterials. The participants will be jointly responsible and must all fulfil and respect the conditions set out in these Rules of the Prize Call. Applications must be submitted by the (lead) participant.
More specific requirements can be found in the Rules of the Raw Materials and Circular Socieities Prize 2021.
- For EIT RawMaterials, please contact your nearest Innovation Hubs
- For support on this Prize application, please contact Lorena Jurado or Théo Berthet, Business Development Managers at EIT RawMaterials