Support Programme

 

Fit 4 Circularity

Sector:
All sectors
Type:
financial support
Year:
Target group:
All types of companies and organisations
Impacts:
Energy Materials Water
Where is this support available:
Luxembourg

Fit4Circularity is a support scheme created in 2015 by LuxInnovation and targeting SMEs, following the Fit4Digital and Fit4Innovation initiatives.

Fit4Circularity is dedicated to helping SMEs that are willing to make a more substantial commitment to sustainable development practices and to implement a circular economy approach. The objectives are to limit the use of raw materials, maximise the use of renewable sources, develop innovative products and services for sustainable growth, reduce energy consumption and increase recyclability.

LuxInnovation, the Innovation Agency of Luxembourg, along with external consultants, will help SMEs apply for the scheme and implement their projects. Expected results of the Fit4Circularity scheme are improved competitiveness and increased revenues for SMEs. Different kinds of projects can be eligible for support: technological innovation, organisational innovation and investment.