Finnova Foundation


CircularInnoBooster project calls for ecosystem protection on World Wetlands Day

February 2 marks World Wetlands Day. This 2022 will be established as an official international day by the United Nations. Wetlands, which include swamps, marshes, coral reefs and lakes, host a wide biodiversity that pollution is endangering. The CircularInnoBooster project proposes a transformation in the production system of the fashion and textile industry that embraces sustainability from a holistic perspective, with a strong environmental focus.

The textile and fashion sector – as the second most polluting sector – poses a real threat to the survival of ecosystems. The excessive consumption of water and its pollution for the production of garments from conventional industry affects the biodiversity of these habitats in a very significant way.

A high percentage of the population and life on our planet depends on wetlands for their survival. Unfortunately, it is estimated that over the last three decades more than 50% of the world’s wetlands have disappeared.

Under the circular economy model, CircularInnoBooster and its acceleration programme CirCoAX are committed to a paradigm shift in the industry, closing circles and cycles, taking nature and its various ecosystems as a reference. Through innovation and biomimicry, it advocates the creation of garments by reducing or eliminating the use of raw materials and natural resources; providing an outlet for surplus material; and addressing new uses for fabrics after the end of the useful life of the garments.

Public-private collaboration and the involvement of producers and consumers – supported by projects such as COSME CircularInnoBooster – are the right way to reverse a critical moment for the continuity of life on our planet as we know it.


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 receive 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 and 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 Foundation

Finnova is a foundation working to promote and develop innovation and entrepreneurship across the EU. Headquartered in Brussels, it works through collaborations and partnerships across all EU countries. Finnova’s experience in communicating and disseminating European projects is coupled with an extensive and grounded experience in creating businesses and programmes to support enterprises, such as accelerators, incubators, and the selection and organisation of ceremonies and events. 

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 several 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 as well as 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 with a wide array of Spanish, European, and Latin American institutions and enterprises. 

The Circular Project works with HumanNation 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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