The Circular Economy Innovation Grant Scheme (CEIGS), administered by my Department, directly supports the growth of the circular economy in Ireland via a competitive funding process. In 2021, 10 projects were initially selected to benefit from a total funding pot of €490,000. Ultimately 2 of those projects could not proceed, and no public expenditure was incurred in relation to either.
A second funding call was launched in 2022, with total available funding set at €650,000. The 2022 funding call closed in December; 13 projects were selected and announced at Circular Economy Hotspot Dublin 2023.
The Circular Economy Strategy further commits to increasing per annum funding under the grant scheme to €1 million by 2024. It is intended that a third call will be launched before the end of this year.