Circular Economy Incubator Hub
Nokia, Finland
The Circular Economy Incubator Hub is a revitalisation initiative focused on converting a previously industrialised area on Tehdassaari Island into a collaborative space dedicated to advancing research, development, and innovation across diverse sectors. It will serve as a platform for businesses to collaborate and experiment with their circular economy solutions by sharing byproducts and creating a closed loop system. The project intends to leverage a mobile application to facilitate the establishment and management of resource flows within the circular hub.
Focus sectors
What do we want to achieve?
Repurpose brownfield area into a Circular Hub serving as an incubator for circular startups.
Develop an application to facilitate the circular hub and to facilitate a closed loop of local resource flows.
What is our circularity impact?
Reduced material consumption - Using the Tehdassaari App, material flow locally (municipality level) can be optimized.
Increased share of renewable energy in overall energy demand (city level) - Research has been made on the area, recognizing seven different sources of renewable energy sources
Increased self-sufficiency / self-reliance - Use of integrated technologies to make the area and its businesses self-sufficient with energy, fresh water, and sewage systems.
Increased quantity of materials available for the next cycle - With the Tehdassaari App, businesses at the area can create closed loops with material.
Reduced waste generation - Enhanced recycling together with the manifesto, businesses are forced to develop processes less waste generating. Sharing material flows through the Tehdassaari app, less “waste” is created.
Reduced incineration and landfilling activities and amounts subjected - Through the close loops of the material circle, there is no need of burning or landfilling waste.
What is our circularity strategy?
Circular strategy 2: Rethink
Make a product use more intensive (e.g. through sharing products, or by putting multi-functional products on the market).
Circular strategy 5: Repair
Repair and maintenance of defective product so it can be used with its original function.
Circular strategy 4: Reuse
Reuse by another consumer of a discarded product which is still in good condition and fulfils its original function.
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