Opportunity Recognition and Exploitation in a Circular Economy for Regional Innovation Schemes

  • Project no.351894
  • Duration 01/2019 - 12/2019

The ORCERIS project aimed at increasing the success rate of new business ideas for the circular economy and raw materials. It focuses the ESEE region (East South East Europe, concretely Hungary and Slovakia). This is done through "Opportunity Recognition and Exploitation Workshops" (OREW), a format that uses pattern recognition techniques and gamification to enhance peoples' skills to recognise opportunities and identify suitable circular business models. The workshops will be tailored to the strengths and needs of the region, and specifically target (aspiring) entrepreneurs and innovation managers from SMEs. Mentoring a network of locally embedded business support and science institutions supported the implementation of the idea.

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