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Franz Fayot launches Circular by Design Challenge #3As the consequences of climate change and lack of resources are becoming more apparent, the need to change our current production and consumption patterns is obvious. The Ministry of the Economy and Luxinnovation launched Circular by Design Challenge in 2020 to respond to this challenge. The aim of Circular by Design Challenge is to incite businesses and entrepreneurs to develop products and services that will contribute to a more circular and sustainable world,” said Minister of the Economy Franz Fayot at the launch webinar of the third edition of the Challenge.

The aim of Circular by Design Challenge is to incite businesses and entrepreneurs to develop products and services that will contribute to a more circular and sustainable world.

Four topics for sustainable solutions

The programme cooperates with partners looking for innovative, sustainable solutions that can be implemented in their fields of activity. For edition #3, companies are invited to submit applications in four thematic fields:

Coaching, partnerships, award

Circular by Design Challenge provides participants with concrete tools for developing and refining their sustainable products and services. It also helps them put in place sustainable business models that can be applied for other activities in the future.

Circular by Design Challenge offers:

  • 12 weeks of coaching
  • A valuable network of key players in Luxembourg
  • An award of €8,000 to each of the winners in the four thematic challenges
  • The opportunity to pitch their sustainable solutions to industry

Sasha Baillie invites companies with sustainable solutions to apply“Our aim is to foster business partnerships. We are proactively seeking to give the participants exposure to other companies that may have an interest in the sustainable solutions they will have developed. At the end of the coaching programme, all participants will be invited to pitch their solutions at a dedicated industry event,” says Sasha Baillie, CEO of Luxinnovation.

We are proactively seeking to give the participants exposure to other companies that may have an interest in the sustainable solutions they will have developed.

Application deadline: 9 January 2023

Luxembourg and European companies are invited to submit their applications to Circular by Design Challenge until 9 January 2023.

The replay of the launch event on 9 November provides detailed information on the Circular by Design Challenge programme, the thematic challenges and the selection criteria.

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