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Completed HORIZON European Commission

Social and Technological Innovation Factory for Low-Carbon and Circular Industrial Value Chains

€4.95M EUR

Funder European Commission
Recipient Organization Inesc Tec - Instituto de Engenhariade Sistemas E Computadores, Tecnologia E Ciencia
Country Portugal
Start Date Jun 01, 2022
End Date May 31, 2025
Duration 1,095 days
Number of Grantees 13
Roles Third Party; Participant; Coordinator
Data Source European Commission
Grant ID 101058385
Grant Description

The SoTecIn Factory - Social and Technological Innovation Factory for Low-Carbon and Circular Industrial Value Chains - goal is to connect industry with society in a community of mission-oriented social innovators, to support social entrepreneurs in their drive to increase the circularity of key product value chains, and to promote a culture of social innovation in European manufacturing businesses.

The SoTecIn Factory serves the EU priority ?A European green deal? and its European industrial strategy by giving financial and capacity-building support to social innovations that improve the circularity of the seven key product value chains, as defined by the EU Circular Economy Action Plan.

It supports systemic transformation towards restructuring value chains to be low-carbon and circular, by implementing higher value circular economy strategies, i.e. reuse, repair, refurbish and remanufacture.

Specifically, the SoTecIn Factory will support 40 mission-oriented social entrepreneurs with services regarding governance (through the creation of stewardship councils for each innovation), business model, capacity-building, fund-raising and exploitation, and 30 mission-oriented pre-market demonstration projects.

All Grantees

Impact Hub Istanbul Yaratici Projegelistirme Egitim Danismanlik Tas.Ofis Hizmetleri Ve Ticaret As; Stichting Metabolic Ventures; Fenntarthato Vallalkozasokert Alapitvany; Impact Hub Srl; Inesc Tec - Instituto de Engenhariade Sistemas E Computadores, Tecnologia E Ciencia; Ropot Boutique Srl; Bwcon Gmbh; Hubip Hub de Negocios de Impacto Portugues Lda; Consiglio Nazionale Delle Ricerche; F6S Network Ireland Limited; Impact Hub Gmbh; Impact Hub Amsterdam Bv; Impact Hub Munich Gmbh

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