Deadline nearing for free support to help SMEs improve resource efficiency

6th August 2014

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Paul Hammersley

Small and medium-size enterprises (SMEs) wanting access to free, tailored support to improve their resource efficiency, increase profitability and establish alternative ways of meeting customers' needs are being urged to apply before the 30 September deadline.

The REBus project aims to support businesses to pilot and develop resource efficient, resilient and profitable business models. Wrap, which leads the project in the UK, is using part of the £3.1 million REBus funding it was awarded in July 2013 to deliver 20 pilots with SMEs.

Wrap will use its expertise to help companies reshape their business model by providing detailed market analysis, devising and implementing pilot trials and analysing financial and other performance indicators. It will also identify and mitigate any risks and help those taking part to find suitable partners, during the pilot process.

Liz Goodwin, chief executive at Wrap, said: “Resource efficient business models offer an important route to developing and delivering business growth within a more circular economy and will contribute to governments’ plans for waste prevention.”

For the first batch of assessments under REBus, Wrap is focusing on businesses related to the electrical or textiles sectors. SMEs wanting to take part in the pilots must be looking to deliver products or services in a novel way. Applicants are invited to complete an expression of interest by 30 September. Interested parties can also register for an online question and answer session to be held on 27 August at 2pm.

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