The MoU highlights the common understanding that SMEs and small mid-cap companies often face challenges in adopting circular economy practices. Limited financial and technical resources can slow down this transition, despite increasing pressure from markets, consumers, and policymakers to move toward more sustainable business models.
By endorsing the CURIOST initiative, signatories support a framework that aims to:
- Foster the development of sustainable products and circular business models
- Provide mentoring and expert guidance to companies
- Unlock new market opportunities linked to sustainability
- Strengthen policy uptake through the CURIOST Action Plan
- Promote international cooperation and knowledge exchange
- Raise awareness and build capacities through targeted activities
Through this agreement, stakeholders express their willingness to continue collaboration beyond the project’s lifetime, ensuring long-term impact. The MoU also emphasises the importance of facilitating dialogue between project partners, businesses, policymakers, and other stakeholders, creating a stronger ecosystem for innovation and sustainable growth. Discover the full MoU here in the output section!