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            MODULE 5: CIRCULAR BUSINESS MODELS



              The aim of the Module:

              This module (CIRCULAR BUSINESS MODELS) addresses a relevant topic not only
              for start uppers, but also for our societies at large. The aim of module 5 is to
              provide information that will awareness about the circular business models. It
              is not entirely clear, what circular business models are. Nor is it clear how SMEs
              might apply the newly canvassed ideas. This explanation will come from theory
              and explanation of useful tools but also through real cases of companies that
              have already implemented the circular business models.


              Time duration:                4 weeks (5-6 hours of self-study per week; 25 hours in
                                            total):

                                               •  hands-on sessions (presential and/or online): 4
                                                   hours (1 hour per unit/main topic)
                                               •  self-study sessions: 20 hours
                                               •  assessment: 1 hour
              Level of EQF                  5
              ECVET:                        1 point = 1 ECVET= 25 hours
              Length of material:              •  26  pages  of  study  materials  divided  into  4

                                                   chapters,
                                               •  app. 6-7 pages per week,

                                               •  the  last  week  is  devoted  to  preparation  of
                                                   individual assignment.
              Assignment:                   The assignment is available through the mobile app:
                                            Environmental application for start-ups
              Learning objectives of the Module:


                  •  to understand the definition of the circular business model,
                  •  to describe the key characteristics of the circular business model,
                  •  to  recognise  the  Resource  loops  as  a  way  of  categorising  business
                     opportunities,
                  •  to list and explain the types of circular business models,
                  •  to analyse the economic and environmental potentials of the circular
                     business model,
                  •  to understand the business canvas,
                  •  to describe and use the circular business canvas,
                  •  to understand the best practises.





                                          The  European  Commission's  support  for  the  production  of  this  publication  does  not  constitute  an
                                          endorsement of the contents, which reflect the views only of the authors, and the Commission cannot
                                          be held responsible for any use which may be made of the information contained therein.
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