Innovation, at the heart of the automotive circular economy

March 21, 2024

Innovation, at the heart
of the automotive circular economy

L’INNOVATION, AU CŒUR DE L’ÉCONOMIE CIRCULAIRE AUTOMOBILE
  • At ChangeNOW 2024, The Future is NEUTRAL’s Innovation Hub launches its 3rd startup incubation campaign.
  • 30 startups have already been incubated since the launch of the Hub
  • The Hub is located at the Refactory, which enables startups to benefit from industrial capabilities and facilitates scaling-up.

 

The Future Is NEUTRAL Innovation Hub will be present at ChangeNOW 2024, which will be held from March 25 to 27 at the Grand Palais Éphémère in Paris. A perfect opportunity to launch its 3rd startup incubation campaign.

Located in the heart of the Refactory industrial site, the Innovation Hub supports startups contributing to climate solutions through a circular economy approach and an industrial scale-up.

To achieve this, the Hub proposes two main types of activities:

  • 6 months support program that allows startups to consider the circular economy at each stage – eco-design, choice of materials, repairability, reuse and recyclability – thanks to exchanges and help from about fifty experts, able to follow up over time.

Moreover, March 28, 2024, the Refactory will be hosting the closing ceremony for the second promotion of startups at Demo Day, an event designed to present the results of the projects incubated in 2023.

  • “Turnkey” industrialization offer based on Refactory’s industrial capabilities, methods, know-how and skilled workforce in Flins.

This is what has benefited Virvolt, a young company producing electrification kits for bicycles.

«We would have been unable humanly and financially to embark on the industrialization of an engine without being accompanied by a group with industrial expertise», asserts Yvan de la Baume, Virvolt’s Managing Director and co-founder.

Nathalie Rey, Head of The Future Is NEUTRAL Innovation Hub

Nathalie Rey

Head of The Future Is NEUTRAL Innovation Hub

“The Future Is NEUTRAL Hub’s vocation is to support startups, beyond the automotive sector, to take into account circular economy in their models. Since the creation of the Hub, we’ve supported more than 30 projects, and we’re launching the 3rd call for applications for startups offering climate solutions related to the circular economy. For me, ChangeNOW is a valuable opportunity, which I’m going to seize as a jury member for the pitch sessions for startups involved in the field of the circular economy”.

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