Grants to promote investment to support the industrial transition towards circular economy
About this good practice
One of the main characteristics of the Asturian economy is its specialisation in process industry within an area with a third of its territory under a singular environmental protection.
This was the reason for selecting Sustainable Materials as a priority of RIS3 (14-20) and later to identify the challenge of “Use of waste flows in industry” in the framework of S3 (21-27).
As a result, over these years we have collected an interesting portfolio of R&D projects related to these topics/challenge.
In a complementary way, for the first time (2021), IDEPA has designed and launched a support programme to circular economy investments in the industrial sector.
The object is to subsidy industrial investments needed to incorporate material (solid, liquid or gas) waste (industrial or urban) from third parties to their processes, or to recovery industrial waste heat streams.
We point out the following novelties:
• Process industry focussed.
• Complements the Innovation value chain: The investment will go beyond the current state of the art. Previous R&D projects have higher scores.
• Mandates collaboration among the supply chain (as a way to promote symbiosis and to reinforce the valorisation pathway): only third parties waste or higher scores for heat delivery to energy communities.
• Impact oriented: waste reduced; use of secondary raw materials; and CO2 reduction.
The funding programme is under the Regulation (EU) No 651/2014, art 38 and47, but are not reproduced verbatim.
Resources needed
The Economic Development Agency of Asturias (IDEPA), a public entity dependent on the Regional is in charge of S3 deployment, assuming also the Technical Secretariat.
1 people from IDEPA involved in design of the new program (4 person / month) Budget. First call 800.000 €
Evidence of success
4 investment projects have been selected in the first call (2022)
Beneficiaries from the process industry: Glass, Refractories, Plástic products and hot mix asphalt
The programme has scaled in 2023 and the financial sustainability of it is guarantee by JTF support.
Potential for learning or transfer
We offer experience on writing and implementing a novel grant program to fund investments for implementing industrial symbiosis incentives (under article 47 of the Exemption Regulation) ready to be transferred to those regions that want to focus on transition to a circular and decarbonised process industry
Further information
Good practice owner
You can contact the good practice owner below for more detailed information.