Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure BE-2005-1/3124 – measures in Belgium
Country |
Belgium
, applies regionally
|
Time period | Open ended, started on 01 January 2005 |
Context | Green Transition |
Type | Other initiatives or policies |
Category |
Reorientation of business activities
– Change of production/Innovation |
Author | Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound |
Measure added | 22 February 2023 (updated 20 March 2023) |
As part of the Regional Programme for Circular Economy and support from Bruxelles Environment, Village Finance manages a fund that invests in Brussels companies that intend to participate in the circular economy. It does so by providing grants since 2016. Certain conditions apply and only a limited number of grants is available.
To support Brussels start-ups and very small businesses that want to start in the circular economy, Village Finance writes out grants of €5,000 to entrepreneurial projects in start-up or development that fall within the logic of circular economy. One of the conditions of the grant is obtaining a loan of at least €10,000. The grant helps project managers to raise the necessary seed capital for their projects.
Certain conditions apply for companies willing to make use of the grant:
The uptake of the measure is not publicly stated.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers |
Solo-self-employed
SMEs Start-ups |
Does not apply to citizens |
Actors | Funding |
---|---|
Local / regional government
|
Regional funds
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
The involvement of social partners is not known.
The views of the social partners on the specific measures have not been made public. However, EO's like Unizo and UCM which are specialised in providing support and guidance to SME's are supporters of the circular economy in general.
Citation
Eurofound (2023), Circular economy grant, measure BE-2005-1/3124 (measures in Belgium), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/BE-2005-1_3124.html
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