Deadline: 18-Oct-22
The Innovation Guelph is inviting applications for COIL Activate Circular Accelerator to help scalable businesses rethink waste and reach new markets through circular knowledge and practices.
The Circular Opportunity Innovation Launchpad (COIL) Activate program supports business activities that are informed by circular economy knowledge and practices. The program offers mentorship, education, national and international scaling connections, and funding to fuel innovative, circular projects across southern Ontario.
The Activate Accelerator program is delivered through Innovation Guelph. Innovation Guelph’s skilled and committed Circular Economy Innovation Hub team (CE iHub) is focused on helping circular businesses succeed. Their hands-on approach, business know how and circular economy expertise will help expand your opportunities and grow your revenue.
Funding Information
- Funding and financing of up to $30,000.
Circular Economy Accelerator Curriculum
In-depth education to create and support leaders in Canada’s circular economy business community.
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Circular Economy Business Fundimentals
- Circular value creation
- Circular business models
- Circular design principals
- Example cases & scaling
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Business and Economics
- Donut Economics
- Indigenomics
- Carbon Markets
- Behavioural Insights
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Operations, Assessment and Design
- Sustainable Operations
- Circular Opportunity Assessment
- Introduction to Biomimicry
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Food and Environment Sectors
- Food Networks
- Food Loss and Waste
- GHG reductions in Agri-Food
- Built Environment
- Textiles
Eligible Project Types
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COIL Activate projects for cohort 3 will focus on one or more of the following project areas within the food and environment sectors
- Waste-reduction that will improve the current food and environment systems
- Ecosystem regeneration from nature-based solutions and bio-based products
- Material loss prevention innovations that will provide long-term benefit
- Approaches to turn waste/bi-products into new products
- New use for the excess, lost or wasted material along your supply chain
- Developing or deploying technology to reduce waste.
Eligibility Criteria
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To be eligible for this program, businesses must meet the following eligibility criteria:
- One or two members of the business’ leadership team is available to participate in the program between November 1, 2022 and April 30, 2023.
- The business operates within one or more of the following sectors: food and beverage, retail, agriculture, environment, and clean-tech.
- The business is registered within a Canadian jurisdiction and operational within southern Ontario.
- The applicant has read and agreed to the Innovation Guelph Client Services Agreement (available through the online application).
Ineligible Costs
- Costs of land, building or vehicle purchase; Refinancing;
- Losses of investments, bad debts, and any other debts;
- Fines or penalties;
- Costs related to litigation;
- Fees for administrators, including payments to any member or officer of the recipient’s Board of Directors;
- Food, accommodation and entertainment costs;
- Costs of membership in a professional body;
- Lobbyist fees;
- Cost of conference or tradeshow admission if not exhibiting or presenting;
- Costs associated with basic research
- and development activities;
- Sales Tax/HST;
- Costs of intangible assets such as goodwill, whether capitalized or expensed;
- Depreciation or amortization expenses; and
- Opportunity costs.
For more information, visit COIL.
For more information, visit https://coil.eco/accelerator-landing-page/