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Home > Cities Today > Issue 21 > Scotland unveils £18 million circular economy fund

Scotland unveils £18 million circular economy fund

UNITED KINGDOM

Zero Waste Scotland has launched an £18 million fund to help small and medium-sized enterprises (SMEs) in towns and cities across the country, explore and pioneer ways to develop a circular economy. The Circular Economy Investment Fund is part of a wider £70 million programme, supported by European Regional Development Funds, which aims to improve business productivity and create a circular economy in Scotland. The Scottish Government recently launched an ambitious strategy for the circular economy, Making Things Last. The fund aims to accelerate the development of business innovation, including support for developing new technologies and the infrastructure needed for a more circular economy, which could mean sharing, leasing or takeback models, encouraging repair or new recycling ideas.

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