The Madrid International Tourism Trade Fair (FITUR), held from 19 to 23 January 2022, is the largest meeting point for professionals from the tourism sector and related entities in the Ibero-American region.

Throughout the four days of the event, numerous organizations will work to create synergies and boost the sector’s economic momentum. In addition, innovative proposals and funding opportunities for its sustainable transformation will be welcomed.

One of the fundamental aspects that can contribute to a greater commitment to the environment, taking into account lines of action promoted by the European Union such as the European Green Deal, is the circular economy.

The Finnova Foundation, partner of the CircularInnoBooster project, has been present at a panel on European Funds for Training on the morning of Friday 21 January. During the day, the funding opportunities for innovation through European programmes such as COSME have been presented and the CircularInnoBooster project has been introduced as a successful case of the application of the circular economy for the transformation of the fashion and textile sector. In addition, the great possibilities presented by the project, with a potential applicability to the use of textiles in the hotel sector, were discussed.

About COSME   

COSME is the programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises by the European Commission’s Executive Agency for Small and Medium-sized Enterprises (EASME).  

This programme assists SMEs to develop their business models, to obtain funds and to internationalise. This scheme also supports public administrations to enhance the entrepreneurial environment and to facilitate the economic growth of the EU. During the funding period of 2014-2020, this programme allocated €2.3 billion to support SMEs  

About IED   

Istituto Europeo di Design is an academic institution working in education, training, and the research of fashion, design, visual communication, and management. IED has offices in Spain (Madrid and Barcelona), Italy (Milan, Rome and five other cities) and Brazil (São Paulo, Rio de Janeiro). IED works in several EU and COSME countries through collaborations and arrangements with institutions, business support organisations, teachers, experts, and mentors. IED has an extensive network of connections in the fashion and textile sector (F&T).  

About Finnova  

Finnova es una fundación que trabaja para la promoción y el desarrollo de la innovación y el espíritu empresarial a nivel de la UE. Con sede en Bruselas, opera a través de colaboraciones y asociaciones en todos los países de la Unión Europea. La experiencia de Finnova liderando actividades de comunicación y difusión de proyectos europeos se combina con una sólida experiencia probada en la creación de empresas y programas de apoyo empresarial, como aceleradoras, incubadoras y selección y adjudicación de eventos ceremoniales.   

About Texfor  

Texfor is a leading textile association in Spain with roughly 400 members. Founded in 2010 and based in Catalonia, Texfor brings together enterprises from the textile value chain, i.e. from weaving to fabrics as well as accessories, textile finishing, printing, and dyeing for the dressmaking industry, textiles for households and technical and industrial applications. Texfor has an extensive expertise as it has worked in relevant expert committees at an EU level: university and professional training, developing financial capacities, cross-cutting collaboration, fostering RDI, specialised services, and leadership in sustainability focused on the circular economy.  

About Circulab  

Circulab is a laboratory and design studio specialising in developing transformation methods, tools and programmes to help enterprises adopt circular and sustainable business models. Circulab has designed a number of tools to implement a circular business model in enterprises. It works in 23 countries – 9 out of them in the EU – and it supports projects via 60 independent entrepreneurial consultants. It applies circular methodologies and tools.  

About The Circular Project co-designed with HumanNation  

TCP (The Circular Project) favours and promotes a circular and sustainable fashion in different areas, offering the fashion industry a communication strategy based on a cross-cutting and systemic approach of the circular economy. TCP combines social, ethical, environmental and economic aspects, and has a strong presence and connections in the sustainable fashion world.  

TCP has promoted the Circular Sustainable Fashion Week Madrid, a one-of-a-kind event, and also serves as HQ for the Spanish Association for the Sustainability, Innovation and Circularity in the Fashion Industry. TCP is also ambassador of Sannas (Triple Bottom Line Business Association) and has collaborated in a wide array of Spanish, European, and Latin American institutions and enterprises.  

The Circular Project works with Human Nation to co-design and develop CirCoAX. HumanNation is a consultancy enterprise specialising in the development of transformative and disruptive ecosystems of innovation and companies for the ‘new economy’. It is based on the fourth economic sector, the systemic thinking, and co-creation. It raises awareness in organisations and ecosystems to respect the planetary boundaries and the social fabric, creating resilient local economies with a global perspective. 

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