The Project Zero econext Circular Economy Incubator is a free program to help entrepreneurs and businesses explore opportunities for innovative new approaches to waste management in Newfoundland and Labrador (NL).
Over the course of 6 months, participants will advance their ideas forward and benefit from entrepreneurial skill-building, circular economy expertise, ongoing business mentorship, and access to a network of like-minded organizations and leaders.
Information Webinar
Please find both the recording and presentation from the Project Zero econext Circular Economy Incubator webinar.
Click here for the presentation.
Click here for the webinar recording.
Program Participants
The ideal program participants are innovators – entrepreneurs or existing businesses – wishing to pursue the development of a new technology or provide a new service that diverts waste from the province’s landfills.
Program Outcomes
Through the incubator, program participants will:
- Develop a business plan
- Learn how to pitch their ideas
- Build a foundation of business fundamentals and entrepreneurial skills
- Connect with mentors and coaches
- Network with innovative business leaders and industry experts
- Come together with like-minded entrepreneurs going through the same process
At the end of the program, participants will have a better understanding of the feasibility of their ideas and what the next steps are in their pursuit.
Program Schedule
- March – Applications are open!
- April – Applications close. Cohort is selected from the applicant pool.
- May – Each venture is matched with a business coach, meeting monthly to provide mentorship, facilitate connections, and jump hurdles. Ventures participate in monthly virtual sessions hosted by industry experts, covering entrepreneurship and sustainability fundamentals. In tandem with sessions, ventures complete assignments that build towards a comprehensive business plan.
- December – Ventures compete in the final pitch event, presenting to an audience of investors, industry experts, and media.
Apply Now
Applications for the 2025 incubator are now open. Limited spaces will be available! Click the button below to fill out your application form. The deadline for applications is April 6, 2025.
Why is Innovation in NL’s Waste Management Important?
Newfoundland and Labrador has a small population spread across vast areas of land. Its communities and industries are often found in rural and sometimes even remote areas. These circumstances make the provision of waste management services challenging. Processes and technologies that are proven elsewhere often are uneconomic in the NL context due to smaller scales of activity and volumes of waste. Meanwhile, NL is one of the largest producers per capita of waste in Canada; our waste has significant environmental impacts including the fact that our landfills are responsible for ~7% of the province’s greenhouse gas (GHG) emissions. Developing and adopting new technologies and services that diverts waste from our landfills can have a positive environmental impact and reduce our waste management costs.
What is the Circular Economy?
In today’s world, most of the products we purchase are made from raw resources and are designed to be used for only a short time before being disposed of and ending up at a landfill. On average, only 7.2% of materials are recirculated back into the global economy at end-of-life. This ‘take-make-waste’ economy is resource-intensive and puts pressure on Earth’s natural ecosystems.
Taking a more ‘circular’ approach means rethinking how products are designed, manufactured, used, and treated at the end of their useful life. In a circular economy, products and materials recirculate within the supply chain through reduction, reuse and repair, redistribution, reconditioning, and recycling processes.
A more circular economy reduces waste and pollution, while helping to increase resource efficiency.
Questions
If you have any questions on the Project Zero econext Circular Economy Incubator or the application process, please reach out to incubator@econext.ca.
