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Circular Business models Life extension Resource efficiency
Sustainability

Summary of the syllabus for the Module:
This module addresses a relevant topic not only for start uppers, but also for our
societies at large. It aims at raising start uppers’ 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.
The module is divided in four units: unit I: provides theoretical approach of the
business models, explain what the circular business models are, explain the
Resource loops as a way of categorizing business opportunities, explain the

different types of circular business models and the environmental and
economic potential. Unit II: presents the business canvas, It is necessary to
understand the business canvas and then proceed with the circular business
canvas. Unit III: presents the Business Cycle Canvas (BCC) is developed and
introduced. This is a tool which must support practitioners to think in business
systems and beyond the individual BM. Unit IV: Special attention is given to
examples from the textiles and clothing industry in addition to the durable
goods industries. The best practice examples presented aim to demonstrate the
diversity of business models found within these industries. Along with the business
model frameworks, the examples are intended to provide an impression of the

business opportunities in a circular economy that are already utilized by firms
today and thus to provide inspiration for companies and entrepreneurs that
wish to examine the potentials of circular business models for themselves.

AUTHORS:
KEK TEHNIKES SHOLES EPIMELITIRIOU IRAKLEIOU (TIHC):

• Ms. MARIA VOUIDASKI
• Dr. Katharakis Michael

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.