Erasmus Plus Project

In this entry, we present a project we designed and we are actually running.

The FIT Strategic Partnership overall aim is preparing and testing a high quality improvement program specifically designed to support women in starting or reshaping their business using circular economy business models and innovative financial tools.

The project takes inspiration by the fact that circular economy provides an opportunity for the introduction of new ethical norms in business. According to the OECD, the market share held by circular business models is limited, generally representing no more than 5 to 10% in economic terms. Challenges with regard to the implementation of a circular economy model differ between countries and regions, depending on the stage of the transition to a circular economy, the governance structure and the political focus of the country or region in question.

In Euro-Mediterranean region, women leaders in various industries are already taking concrete steps to achieve more sustainable business practices along with a positive social impact. From food, agriculture, fashion, design, energy and IT, women are helping to create sustainable change through re-thinking, repairing, reusing and recycling. However, their participation could be better if appropriate policy measures and plans are developed to further promote women entrepreneurship in circular economy.

The learning program and the tools prepared and tested during the 24 month long project aim at fostering women entrepreneurs in

+learn about new business models to contribute to a ‘greener/ethic/responsible economy’

+increase financial literacy and ability to take informed decisions on financial and strategic company decisions

+increase managerial, organizational and leadership skills needed to lead and manage a business

+increase possibility for networking and receiving tailored support by peers/trainers/mentors

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#circulareconomy #womenentrepreneurs #erasmusproject #fit

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