Interregional EU innovation Hubs for the circularity and green supply of Raw Materials to achieve the resilience of the main underdeveloped regions specialised on critical industrial value chain
Abstract
IRMHUB will deploy for the first time in EU a large scale interregional Raw Material (RM) GREEN and CIRCULAR supply innovation investment pipeline in the form of a Meta-Hub. It will act as the coordination and integration chain between 3 decentralized interregional RM Hubs focussing on GREEN supply and industrial symbiosis of RM, glued by a transversal CIRCULARITY concept aiming to circular RM recovery.3 Hubs will lift less developed regions toward concrete innovation investments in SUSTAINABLE SUPPLY and CIRCULARITY applied to 3 tech value chains critical to the EU: 1/ Energy (Eolic) and electric mobility 2/ Battery materials and 3/ Metals and REE for microchips. IRMHUB will uncover and deploy the untapped potential of less developed regions with strong geological deposits or key tech actions on RM recovery to reinforce their innovation investment capacity at all levels (policy/business). IRMHUB will be framed by a dedicated Social and Sustainable Investment Framework to assert the types of investments we will support: green and reinforcing EU resilience. We will deliver a portfolio of mature interregional innovation investment plans and organize with public and private investment communities to create capital provision channels. After setting up 3 thematic Hubs, our ‘Launch Pad’ will mature and catapult interregional innovation investments toward funding/financing streams (I3 Strands 1/2a but also Equity/Debt/Quasi-Equity products and other instruments). Our venturing and Launch Pad process will feed into an Impact Factory meant to foster interregional green RM policy alignment. IRMHUB will provide less developed regions with tailor-made services to build internal capacity, and facilitated access to international resource networks and opportunities. We gathered 14 Full and 12 Associated Partners, 18 regions, 9 countries and Serbia: 6 partners from more developed, 6 transition, and 12 less developed regions, and 1 national less developed partner country.
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