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How to set up a Venture Support Program?





Support from venture programs can play a pivotal role in catalyzing the transition to a circular economy, and in getting local governments and stakeholders to take action in this transition.

This is why we are thrilled to present the second part of the Circular Innovation Collective (CIC) program guide, focusing on the essential steps to establishing a Venture Support Program (VSP) for entrepreneurs or existing high-value circular ventures.

In this comprehensive guide, we delve into how to design, build, and execute an

impact-orientated VSP - sharing practical learnings and examples from our Amsterdam pilot. A VSP is a crucial component of the CIC approach: it drives the required systemic impact in aiding the regional circular transition through working with high-impact circular ventures, boosts economic growth and job creation, enhances the economic resilience of the region, inspires stakeholders with practical pathways forward, and lays the groundwork for future collaborations.

By the end of the second report, you will know how to equip circular innovators and venture teams with the necessary resources, training, networking opportunities, and broader support to help them grow and maximise their systemic impact.

“We all work on grand societal transitions. But often, these transitions come with big hairy audacious goals and challenges. With the availability of the CIC guides, it becomes very low-key and easy for any city, municipality, or region, to start supporting pioneers and entrepreneurs, and work collaboratively towards a new impact economy. We invite everyone to stop ‘just’ believing, and start doing!” - Coen Persijn, Program Manager Regenerative Economy, The DOEN Foundation (CIC program funder)

Want to replicate your own CIC program in an industry of your choice in your region? Download our second guide here: https://lnkd.in/eyH3Djex

The Circular Innovation Collective is a consortium of impact-driven organisations initiated by Metabolic, Impact Hub Amsterdam, and Bankers without Boundaries. With the support of the City of Amsterdam (Amsterdam Impact), The DOEN Foundation, and Goldschmeding Foundation, this initiative specifically targeted achieving 70% circular textiles in the Metropolitan Region Amsterdam by 2030. Demonstrating the potential for impactful change, CIC is now dedicated to sharing its knowledge, experience, and strategies in an open-source manner.

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