Delivering the inner loops of a circular economy Nick Cliffe – Lead Technologist Resource Efficiency 07824 865 262 [email protected] @moriati23.

Delivering the inner loops of a circular economy

Nick Cliffe – Lead Technologist Resource Efficiency07824 865 [email protected] @moriati23

Who we are• We are the UK’s innovation agency - a national body set up by government

• We are responsible for investing over £440m each year in UK innovation

• We work across business, universities and government

Our aim is simple...

...to accelerate economic growth by stimulating and supporting business-led innovation

8000 companies

Networks have >90,000 members

Over 100 competitions, committing ~£250m

More than 2000 years of business experience

60% of our grants go to small businesses

What we do...• We help strengthen the global competitive position of our leading

businesses• We identify and grow sectors and businesses with the capacity to

become the best in the world• We nurture the businesses that can succeed in the growth sectors

of tomorrow.

We consider...

• Can the UK do it?• Is the idea ‘ready’?• Is there a large market opportunity?• Can we make a difference?

We can help with....

• Funding• Business & investment support• Connections• Networks

... through many different routes

Collaborative R&D

Smart Launchpad

Innovation & Knowledge Centres

Catalyst

Access to finance

Access to knowledge

Access to equipment and skills

What areas do we work in?

Anticipated expenditure per area in 2014-15

9.5bn

+3bn

1 planet

• Resource constraints- For minerals, metals etc absolute scarcity is rare but

impacts of exploitation are increasingly a constraint- For biotic resources constraints include competing

resource uses, carrying capacity, and impacts of exploitation

• Materials security- Risk of supply interruption/non-availability for specific

materials, including many used in clean-tech/hi-tech applications• EU list of 20 critical raw materials

• Climate change- Resource efficiency as a means to manage embedded

carbon

Resource Efficiency: key drivers

Resource Efficiency programme

Cuts across the strategy and programmes of Innovate UK

Addresses:• reducing the quantity of materials used in products• substituting materials that are environmentally unsound or

where long term supplies are insecure with better alternatives• encouraging a more circular economy, where materials are

kept in productive use for longer by repair, re-use, remanufacture and recycling.

Raw Materials Manufacture

Design

Distribution Use End-of-Life

repair

reuse

remanufacture

recycle

reduce or

replace

Context for Resource Efficiency

horizons.innovateuk.org

The Great Recovery

Building networks of designers, materials experts and end-of-life businessesExploring barriers to moving to circular business modelsHub space in London FabLab to develop ideas

www.greatrecovery.org.uk

Circular Economy Value Networks• Circular Economy approaches are as much about ‘business

models’ and (new) networks as about technology innovation.• Value Networks are connected and aligned business models.• Highly disruptive to current way of business but can enable

larger opportunities than a business can manage alone. • Must provide benefits to the customer.

Recovering Valuable Materials from Waste• January 2015• £4.5m CR&D competition • Reprocessors need quality, quantity and consistency of input

and output• Support to develop new processes for continuously produced

waste streams to maximise value• Materials not energy• Up to £800k, 24 months

product to service shift...

A collaborative Feasibility Study competition to explore the business case for retaining value in goods through reuse, remanufacture or leasing/repair. Up to £800k available Projects £25 – 50k and 6 months duration Led by a business owning the relationship with the final

customer Development of new ‘value networks’ expected Output should be a business case and pilot project plan A second round to fund a small number of pilots is

proposed

Circular Economy: Business Models

Circular Economy: Business Models

• Durable goods

• Focus on inner loops

• Repair, Reuse & Remanufacture

• Customer relationship is key

• Explore the business case

Manufacturer

‘re’-organisation

‘Retailer’

customer

reuse

reuse

reuse

remanufacture

remanufacture

remanufacture leasing

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Stay in touch...

www.innovateuk.org/funding-competitions

ktn.innovateuk.org – join sectors of interest

Twitter:

@innovate_uk