Circular Economy Lab: Challenge the Circularity of Your Product or Service

Service description

The Circular Economy Lab is a half-day workshop tailored for EIC Accelerator beneficiaries seeking to integrate circular economy principles into their products, services, or business models. This service is suited for startups across sectors aiming to transition away from linear production systems and embrace regenerative practices. The workshop introduces participants to the foundations of the circular economy and explores actionable strategies using the 10R framework (e.g., Reduce, Reuse, Recycle). Through a Design Thinking methodology, startups engage in brainstorming sessions and creativity exercises to identify practical applications for circularity in their business. Participants will also gain insights into tools like Lifecycle Assessment and Digital Product Passport, which support sustainable product design and enhance transparency across value chains. Beyond the workshop, startups can collaborate with valantic experts for deeper dives into lifecycle analysis, circular product development, and implementation strategies. This service empowers startups to design innovative products and services that meet market demands while contributing to a regenerative economy.

Deliverables:
• Introduction to circular economy principles and the 10R framework.
• Creative brainstorming and Design Thinking activities.
• Practical insights into Lifecycle Assessment and Digital Product Passport tools.
• Customized strategies for embedding circularity into products or services.
• Strategic roadmap for circular economy integration.

Implementation: Delivered in-person or virtually by in-house circular economy advisors and design thinking facilitators.

Sector

Sector agnostic

Technology Readiness Level

TRL 1 – Basic principles observed

TRL 2 – Technology concept formulated

TRL 3 – Experimental proof of concept

TRL 4 – Technology validated in lab

TRL 5 – Technology validated in relevant environment

TRL 6 – Technology demonstrated in relevant environment

TRL 7 – System prototype demonstration in operational environment

TRL 8 – System complete and qualified

TRL 9 – Actual system proven in operational environment

Financial requirements

The one-day workshop, including preparation, facilitation, and post-workshop documentation, is offered as a package rate of €3,000. This rate covers all activities required to deliver a high-quality and impactful workshop experience. For follow-up and ongoing support after the workshop, such as deeper assessments, tailored strategy development, or implementation assistance, valantic offers expert services at a rate of €180/hour. This mixed hourly rate ensures flexibility and allows startups to receive targeted support based on their specific needs and goals. All costs are subject to individual agreements depending on the scope of the required follow-up activities. Discounts, tailored packages, or additional cost reductions may be offered on a case-by-case basis for EIC beneficiaries.

Disclaimer related to service

A minimum of two weeks is needed to ensure adequate planning and contracting before the service can be implemented.

Are you in doubt if this is the right service for you, or do you want to get more information about the service? Get in touch with the EIC Partner providing this service through this query form!

Applicants should carefully read the “Terms of Engagement for EIC beneficiaries” before submitting this application form.

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