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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.

