Deadline: 06-Oct-21
The European Commission (EC) has announced a call for proposals for the Circular Cities and Regions Initiative’s project development assistance.
The purpose of the CCRI-PDA is to help project promoters develop their projects and to bring together the technical, economic and legal expertise needed for developing circular economy investment projects at local and regional scale resulting in the actual launch of investments during the action.
Ultimately, PDA projects should demonstrate the financial viability and sustainability of circular economy investment projects at local and regional scale and provide tangible showcases that should trigger further market replication.
The CCRI-PDA will pay for those activities necessary to prepare and mobilise finance for investment programmes, such as feasibility studies, stakeholder and community mobilisation, business plans and preparation for tendering procedures or setting up a specific financing scheme/financial engineering.
In addition, proposals should include some of the following features:
- Clearly focus their activities on the launch of significant circular economy investment programmes at local and regional scale;
- An exemplary/showcase dimension in their ambition to increase circularity in specific sector(s) at local and regional scale and/or in the size of the expected investments and leverage factors;
- Deliver organisational innovation in the mobilisation of the investment programme (e.g. bundling, pooling or stakeholder engagement).
Funding Information
The check will normally be done for the coordinator if the requested grant amount is equal to or greater than EUR 500 000, except for:
- public bodies (entities established as a public body under national law, including local, regional or national authorities) or international organisations; and
- cases where the individual requested grant amount is not more than EUR 60 000 (lowvalue grant).
Expected Outcomes
Projects results are expected to contribute to all the following expected outcomes:
- Delivery of innovative financing schemes that are operational and ready to finance circular economy investments at local and regional scale;
- Delivery of a series of sustainable circular economy projects and innovative financing solutions/schemes at local and regional scale across Europe;
- Demonstration of innovative and replicable investment financing solutions, documenting feedback/uptake from potential replicators.
Eligibility Criteria
To be eligible for funding, applicants must be established in one of the eligible countries, i.e.:
- the Member States of the European Union, including their outermost regions;
- the Overseas Countries and Territories (OCTs) linked to the Member States;
- eligible non-EU countries:
- countries associated to Horizon Europe;
- low- and middle-income countries.
For more information, visit https://bit.ly/3hEYOQz