CALL FOR APPLICATIONS – Circular Innovation Fund Accelerator Program 🌿 Are you a startup, researcher, or entrepreneur active in of “Biobased alternatives for petrochemical feedstocks” and “Supply chain #circularity”? The Circular Innovation Fund is launching its second accelerator program aiming to contribute to the development of early-stage innovative circular technologies in the fields of “Biobased alternatives for petrochemical feedstocks” and “Supply chain circularity”. What is the Circular Innovation Fund? The Circular Innovation Fund is an €111 million euros #impact investment fund launched in 2020. L'Oréal Groupe is the anchor investor with a 50 million euros commitment. The fund is co-managed by Cycle Capital and #Demeter. It is a fund solely dedicated to the acceleration of the circular economy. What is the aim of the Accelerator Program? To select a cohort of 5 companies, which will receive strong support in technology and product validation, #circular business model strategy and talent attraction during a 6-month program. The Circular Innovation Fund will also invest €100,000 in the selected compagnies.
Following the successful completion of the 1st edition, we are proud to launch the call for applications for the 2nd edition of the Circular Innovation Fund Acceleration Program powered by Cycle Capital and Demeter and operated by Cycle Momentum. The Circular Innovation Fund Acceleration Program aims to support and nurture pre-seed and seed-stage companies within the circular economy to bolster investment in an underserved sector, de-risk future CIF investments, and fostering the growth of a broader collaborative ecosystem of circular companies at all stages of commercialization. We are seeking innovative startups worldwide with projects in the following sectors: - BIOBASED ALTERNATIVES FOR PETROCHEMICAL FEEDSTOCKS: Fiber-based products, biocatalyst technologies, bio-engineered and carbon-negative material - SUPPLY CHAIN CIRCULARITY Recycling, upcycling, reverse logistics, supply chain optimization Interested startups can submit their applications until May 29. Don't miss this opportunity to join us in advancing the circular economy. Apply now: https://buff.ly/3Ua4NkO To know more: https://lnkd.in/enK7WR8F