At the end of May the European Commission launched a new pilot scheme called the Innovation Deals. The scheme aims to help innovators with promising solutions to environmental issues to navigate regulatory challenges to bring their ideas to market. The initiative was introduced in the margins of the Competitiveness Council meeting on May 26, 2016 by Frans Timmermans, the Commission’s First Vice-President, and Carlos Moedas, European Commissioner for Research, Science and Innovation. On May 26 an open invitation was published by the Commission for expressions of interest from projects with strong potential to contribute to the EU’s Circular Economy Action Plan. The selected projects will benefit from access to a close cooperation framework bringing together national, local and EU regulatory bodies to help navigate regulatory requirements. This pilot scheme is intended to support innovative ideas for maintaining the value of products, materials and resources in the (circular) economy. The call for Expressions of Interest (EOI) for the pilot phase of the ‘Innovation Deals for a Circular Economy’ will close on September 15, 2016. Up to five Expressions of Interest will be selected between October and December and will become Innovation Deals. Signature of the selected Innovation Deals is envisaged for the beginning of 2017, with an evaluation of the project being made in mid-2018. Applicants will be asked to outline their innovations and identify where they think EU regulatory frameworks are causing a block in getting their innovation to market.
For more information on the Call, do not hesitate to check the SusChem blog page.