Opening up new circular economy trade opportunities: Options for collaboration between the UK and the Netherlands - Nick Cliffe

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

• 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 businesses

• Exploring barriers to moving to circular business models

• Hub 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

Stay in touch...

• www.innovateuk.org/funding-competitions

• ktn.innovateuk.org – join sectors of interest

• Twitter:

–@innovate_uk