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Zero Waste Scotland appoints industry expert to lead £18m circular economy fund

Zero Waste Scotland, Scotland’s circular economy expert, has appointed Simon Weston, Director for Raw Materials at the Confederation of Paper Industries (CPI), to chair its flagship Circular Economy Investment Fund. 

12 Jun 17

The £18 million fund offers grant funding for Small and medium-sized enterprises (SMEs) and organisations based in Scotland, and seeks to support work that will help deliver circular economy growth in line with the Scottish Government’s circular economy strategy Making Things Last

It invites proposals from SME and social enterprise organisations interested in exploring new markets for circular economy products and services, developing and adopting innovative business models or developing innovative technologies to support a circular economy. It is supported by funds from the Scottish Government and the European Regional Development Fund (ERDF). 

Louise McGregor, Head of Circular Economy, Zero Waste Scotland, said

“The circular economy is an innovation opportunity for businesses to create new revenue streams and reduce key business risks. 

“Our Circular Economy Investment Fund can help Scottish SMEs to seize this opportunity. Bringing Simon on board to Chair the fund will give us unique industry insight to help maximise this fantastic opportunity.” 

Simon Weston commented:  

“I am delighted to have the chance to support the development of the Circular Economy in Scotland in such a direct way and look forward to working with colleagues in Zero Waste Scotland to promote this opportunity to Scottish enterprises.” 

The fund has already run a dedicated call for innovative bi-economy projects and will shortly launch a call to the Scottish manufacturing sector, in addition to running a general fund. More details about the CEIF can be found at: www.zerowastescotland.org.uk/circular-economy/investment-fund

Notes For Editors

  • Zero Waste Scotland exists to create a society where resources are valued and nothing is wasted. Our goal is to help Scotland realise the economic, environmental and social benefits of making best use of the world’s limited natural resources. We are funded to support delivery of the Scottish Government’s circular economy strategy and the EU’s 2020 growth strategy.
  • More information on all Zero Waste Scotland’s programmes can be found at www.zerowastescotland.org.uk . You can also keep up to date with the latest from Zero Waste Scotland though via our social media channels - Twitter | Facebook | Google Plus | LinkedIn
  • The Scottish Government is the Managing Authority for the European Structural Funds 2014-20 Programme. For further information visit the website or follow @scotgovESIF.
  • The Confederation of Paper Industries (CPI) is the leading trade association representing the UK’s Paper-based Industries, comprising paper and board manufacturers and converters, corrugated packaging producers, makers of soft tissue papers, and collectors of paper for recycling.  CPI represents an industry with an aggregate annual turnover of £6.5 billion, 25,000 direct and more than 100,000 indirect employees. For facts on the UK’s paper-based Industries please visit: www.paper.org.uk
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