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Circularity creates relevance and competitive advantage in line with global green policy shifts. Circular roadmaps enable businesses to identify new opportunities and better existing practices.
The CIRCO programme – originating from the Netherlands (2017) – is implemented in more than 15 countries worldwide, including Hubs in Vietnam, Malaysia and Sri Lanka. This collaborative approach combines local circular understanding with a tested design methodology, aiming to create space and provide concrete tools for businesses to innovate and fuel the circular transition.
The Hub operates with the objective to enable business and collectively move towards a circular economy. In Bangladesh, the CIRCO Hub is represented by LightCastle Partners.
The organizations participating will go through an internationally acclaimed methodology, developed Based on an academic framework of the Technical University of Delft taking them through:
This part delves deeper into the (design) principles for the circular economy. The value destruction in the current linear chain is mapped out and the resulting circular business opportunities are identified and selected for each company.
The most interesting circular proposition from the first part is elaborated on, using circular design strategies and business models. This results in a circular customer proposition with a business model, product (re)design and additional services.
Every company prepares an implementation roadmap to bring its circular proposition to the market. What activity happens when, but also with whom to realize the required changes. All material processed during the Track is documented in a Circular Business Canvas, after which participants conclude with a short pitch.
LightCastle curated insights to catalyze systemic circular changes that provide actionable intelligence, data-backed strategies, and inclusive policy recommendations in perspective of CIRCO Hub Bangladesh
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