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Circular Economy tick list• Substituting traditional raw materials with renewable
resources;• Design for repair / remanufacture / recovery;• Systems thinking - business models which reduce resource
use and optimise circularity.
Innovative
…. and inspiring
The circular economy mattressThe Furniture Recycling Group:• Collects end-of-life mattresses
from hotels and households;• Manual disassembly… new
mattress built from springs;• All other components reused
or recycled.
High growth rate company… rapidly expanding around UK
Are Mushrooms the New Plastics?
Ecovative business growth rate: 0 to 70 (employees) in six years
Packaging material made from fungi mycelium grown in crop wastes:
• Renewable, non-toxic and compostable;• Same function as expanded polystyrene, but better.
WARPit: re-use market place
• WARPit offers a subscription service purchased by each organisation;• Staff can give away or loan/rent out their surplus or underused assets to
other staff in a secure controlled online environment; and• WARPit also sets up the technical and legal framework to allow
organisations to link up and share their surplus resources.
ECONATION LIGHT ENERGYSmart natural lighting
• EcoNation - supplier of ecological daylight solutions for selected industrial market applications;
• LightCatcher - advanced mirror and technology-based system, bringing in more daylight into buildings than traditional light shafts or domes;
• EcoNation - offers to finance large industrial lighting projects by itself. EcoNation then places LightCatcher light domes on the customer's roof, absorbs the entire investment, monitors the energy savings; and
• Customer - saves 20% - 70% on the energy bill without investing one single euro.
Interface – Net Works• Net-Works enables fishing
communities in developing countries to sell waste nets back into a global supply chain;
• Interface receives a fully recycled source of nylon for carpet tile production, and the local community receives long-term incentives to protect their natural environment; and
• To date, collected 61 tonnes of discarded fishing nets, helping 4,500 villagers in 14 collection sites in Philippines.
ConclusionsInspired to develop new circular economy enterprise?
• Take the time to properly research an idea;• Collaboration is key;• So is strong leadership;• Funding available – but don’t get fenced in;• Be prepared to change direction; and• Being an ‘early adopter’ does not come without risk!