Promoting Circular Economy Incubator for Youth

Acronym	CIRCUIT
Project Number – MIS	5070715
Priority axis	1 - A Competitive and Innovative Cross-Border Area
Investment priorities	3a - Promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and fostering the creation of new firms, including through business incubators
Intervention fields	066. Advanced support services for SMEs and groups of SMEs (including management, marketing and design services)
Call	6th CALL FOR PROJECT PROPOSALS
Lead Beneficiary	SOCIAL INNOVATION AND COHESION INSTITUTE
Beneficiaries	CENTRE FOR CROSS-BORDER COOPERATION AND DEVELOPMENT - SANDANSKI NGO "PIRIN EAGLES" SPECIAL ACCOUNT FOR RESEARCH FUNDS - ARISTOTLE UNIVERSITY OF THESSALONIKI SPECIAL ACCOUNT FOR RESEARCH FUNDS OF DEMOCRITUS UNIVERSITY OF THRACE
Start Date	Apr 13, 2021
End Date	Apr 12, 2023
Budget	412.025,00 €
ERDF Contribution	350.221,25 €
National Contribution	61.803,75 €
Website	http://interreg-circuit.eu/

The aim of the project is to accelerate the transition of Greece & Bulgaria towards Circular Economy & bring an innovative and pioneering approach to deal with complex problems of this field. This will be achieved through the promotion of entrepreneurship on circular economy. CIRCUIT focuses on improving entrepreneurship SME support systems by facilitating the economic exploitation of new ideas and promoting the creation of new tools, including through business pre-incubators, incubators, Labs & info-points, supporting the capacity of young people & engage them in innovation processes.
CIRCUIT'S overall objectives are: a) the promotion of entrepreneurship and innovation to the entrepreneurs of the CB area, b) young entrepreneurs’ stimulation on circular economy by supporting them to meet the new technologies, c) the enhancement of the CB regions’ role by creating an entrepreneurial system on circular economy in the area. The project's main objectives are: a) strengthening entrepreneurship on circular economy and networking culture for the promotion of a new business model expansion, b) improvement of competitiveness of existing SMEs, while supporting the emergence of new collaborative business schemes, c)improvement of the regions’ authorities and stakeholders capacity regarding entrepreneurship on circular economy, d) actual support offered to male and female entrepreneurs through training, consulting, mentoring services, e) Increase of the local population and authorities’ awareness towards entrepreneurship on circular economy, f) Promotion of CB cooperation, networking, common exports, common business schemes, etc.