
On Tuesday 16 May, the prize-giving ceremony of the third edition of the Circular by Design Challenge took place in the presence of the Minister of the Economy, Franz Fayot, and the Minister for Small and Medium-Sized Enterprises, Minister for Tourism, Lex Delles.
This initiative, launched by Luxinnovation, with the support of the Ministry of the Economy, aims to enable the development of new design solutions and innovative business models that are in line with the principles of the circular economy.
This ceremony marks the end of a process in which 8 selected projects (out of a total of 30 candidates), startups and established companies all participated in an intensive 12-week coaching programme, accompanied by 17 coaches, with the aim of developing their projects and making them economically viable. Five public partners are also involved in this third edition, which identified four main challenges:
Circularity has become a major issue for the entire economy
Franz Fayot
"The consequences of climate change and resource scarcity are becoming increasingly evident, as is the need to change our current production and consumption patterns," explains Anja Hoethker, Project Manager - Flagship Projects at Luxinnovation, who is in charge of coordinating this event. "This Circular by Design Challenge aims to inspire companies and entrepreneurs to develop products and services that will contribute to a more circular and sustainable world."
In his opening speech, Minister of the Economy Franz Fayot said: "The success of this 3rd edition of the Circular By Design Challenge is proof of the success of the initiative and of the fact that circularity has become a major issue for the entire economy. The four themes chosen for the challenge perfectly reflect the growing demand for sustainable solutions."
He added: "Awareness on the importance of sustainability is growing in a wide range of fields, from architecture and agriculture to defense, life sciences and mobility. The Circular by Design Challenge is thus a concrete contribution to the transition to a more sustainable economy and society, which is at the heart of the government's actions."
During the award ceremony held at the Philharmonie, the following winners were acknowledged:
The jury was composed of 12 international experts, chaired by Prof. Martin Charter, Director of the Centre for Sustainable Design at the University for the Creative Arts in Farnham, England.
"The implementation of circular economy principles contributes to Luxembourg's efforts to achieve the 2030 Agenda. The quality of the projects awarded in this third edition of the Circular by Design Challenge, shows once again the richness and strength that can emanate from close collaborations between companies that develop sustainable solutions and public institutions and other economic actors", said Johnny Brebels, Director Company Relations and Support at Luxinnovation. "This is perfectly in line with Luxinnovation's mission to raise awareness and support companies, but also the whole economy, in implementing innovative projects to create the digital, competitive and sustainable economy of tomorrow.
Photo credit: Luxinnovation/Sophie Margue