‘Advance London’ launches to help SMEs capitalise on the circular economy
The London Waste and Recycling (LWARB) has launched a new programme to support SMEs in adopting new circular economy business models called Advance London.
Opening in January 2017, Advance London will provide free advice and practical help to SMEs based in London, who are working in the circular economy space. It’ll work with small businesses and entrepreneurs to identify emerging opportunities and to develop demonstrations of the value that can be unlocked through a circular economy. The programme will work closely within LWARB’s programme of activities, including hosting a series of events and workshops, and working with existing circular enterprises to enable further growth and improve competitiveness. Wayne Hubbard, chief operating officer of LWARB, was recently quoted:
“London is host to several circular economy leaders. The nature of the circular economy requires collaboration throughout the supply chain and changes the way businesses interact with consumers. As more and more businesses ‘go circular’ new opportunities will emerge for SMEs to bring innovative solutions to overcome the challenges that businesses face in this transition. We want London to be a world leader in nurturing circular economy businesses.”
The European Regional Development Fund and LWARB will jointly fund the three-year programme, which will support LWARB’s wider investment initiatives dedicated to supporting SME’s within the circular economy.