Business Environment News

€490k Awarded to Projects to Promote the Circular Economy Across Ireland

Minister of State with special responsibility for the Circular Economy and Communications, Ossian Smyth TD, has announced funding of €490,000 for 10 projects across Ireland under the first Circular Economy Innovation Grant Scheme (CEIGS).

Creating a ‘circular economy’ is part of the move towards a more sustainable future, with a focus on reducing and eliminating waste and keeping resources in use for as long as possible. The CEIGS will help communities to make this transition across Ireland and allow the country to move towards a more sustainable future.

Funding under this round of the CEIGS was initially set at €250,000. However, due to the overall quality of the successful applicants, and in line with the Department’s commitment to supporting the circular economy, Minster of State Smyth secured an additional €240,000 in funding. This has resulted in the CEIGS being able to support projects across the whole spectrum of the circular economy, from green construction to digital platforms for re-use.

Congratulating the successful applicants, Minister of State Smyth said, “the scale of the challenge to become circular requires change at every level of our society. I am delighted to be able to support these projects which have been proposed from people active in making and advocating change. We can learn so much from doing. I look forward to realizing the ambition of these projects and building further on their success in the coming years of this scheme.”

The selected projects will support the drive to develop the circular economy in areas such as sustainable fashion, marine plastics, reusable food packaging and construction. They are:

AM Acoustic Materials

Community Resources Network Ireland

Cork Environmental Forum

Everlend Ltd

GIY Ireland

Irish Green Building Council

• Marine Applications Ltd T/A Verifact

Novelplast Teoranta

PACE Organisation

Thriftify Technologies Ltd

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