Glossary

Curious to understand better the goal of SoTecIn Factory and the sustainable approach to transforming key value chains? Take a look at our Glossary designed to lead you smoothly through circular industry transition.

SoTecIn Factory from A to Z

Learn more about the SoTecIn Factory journey, its main actors and their activities within the project.

SoTecIn Factory’s activities span over 7 European economic regions. Each region encapsulates several countries, adding up to 31 states in total.

The following list represents the overview of 7 regions targeted by SoTecIn Factory.

  1. Netherlands (North-West, including Northern France, Belgium, Luxembourg, Ireland)
  2. Portugal (South-West, including Spain, Southern France);
  3. Italy (Centre-South, including Slovenia, Croatia, Malta);
  4. Romania (South-East, including Greece, Bulgaria, Cyprus, Serbia, Ukraine);
  5. Hungary (North-East, including Slovakia, Poland, Estonia, Lithuania, Latvia);
  6. Germany (Centre-North, including Denmark, Austria, Sweden, Finland).
  7. Turkey (East, including Armenia and Georgia)

The SoTecIn Factory has a physical presence across all of the 7 regions manifested through one local Impact Hub (IH) per region. The Regional hubs serve the whole region and drive venture-building and broader stakeholder engagement on the ground.

The activities of the 7 Regional Hubs are led and hosted by the project partner Impact Hub and its local branches: IH Amsterdam, IH Lisbon, IH Milan IH Bucharest, IH Budapest, IH Hamburg, and IH Istanbul in their respective regions.

One (or potentially more) of the seven core value chains set by the EU as core priorities within the European Green Deal’s Key Product Value Chains of the Circular Economy Action Plan, form the sectoral focus area of each region from which specific missions and challenges are derived.

The targeted Key Product Value Chains are: Packaging, Plastics, Textiles, Food, Water and Nutrients.

Example:

-Value chain: Food, water, and nutrients in North-West Europe

Diverse actors and stakeholders across the 7 European regions convened by the local Impact Hub – ranging from social innovators and social entrepreneurs, to academics, industry leaders, NGOs, policymakers, and to activists and civil servants.

The community of regional stakeholders provide input to formulate the Mission related to the value chain and act as a general support network for the process and stakeholders of mission-led social innovation. It is also a handpicked and curated pool of potential Mission Council members.

The 7 regional hubs, together with consortia partners and the SoTecIn Factory Regional Communities, formulate at least 7 missions (at least one mission each), which are essentially broad but bounded aspirational objective(s) capturing the general value chain-based circular.

challenge(s) that the industry strives to solve with the use of social innovation-based tech solutions.

Example:

– Mission: Achieving zero on-farm waste in North-West Europe

Total of 7 multi-stakeholder groups of selected experts (one per region) that oversee the achievement of a value- chain mission in given region of the SoTecIn Factory. Mission Council acts as a ‘guardian’ of this broader mission. It also comprises a range of different actors who share common traits – an interest in the outcome of the mission, value chain and context specific expertise, a local network to help its progression.

In the SoTechIn Factory context, the crux of this is overseeing the progression of the challenges by the challenge owners and solution providers – specifically, overseeing the development of the higher-R focused, early-stage enterprises, deployment of their solutions, and ensuring that the ventures stay focused on the overarching mission, even in the face of different external factors.

A well-defined critical problem that circular ventures incubated in SoTecIn Factory will aim to solve throughout the program. 

Challenges will be proposed by Challenge Owners and formulated in such a way that they not only support the challenge owners in meeting their needs, but importantly, contribute to a wider societal value through its contribution to the broader mission.

Example:

– Achieving closed loop manure cycling in West Netherlands

– Maximising non-food value from perennial crops in North Brabant

A part that contributes to setting a specific challenge within the context of the regional Mission. They are driven by the motivation to have the challenge solved, and support the solution-providers through funding, engagement, and deployment. A challenge owner can be a private organization, as well as a public entity, or a non-profit. Challenge owners ideally should be composed of more than one per Mission.

Example :

-Challenge owner: NGO – WWF; Private entity/ business – Alpro; Public entity/ government – North Brabant LNV

An early-stage mission-driven organisation based anywhere in Europe, that is solving the given challenge within the specific regional context where the challenge is set. The term social innovator is used to broadly capture the team behind the steward-owned circular enterprise that SoTecIn Factory will spin-off, with an intention of it to be set up as steward-owned.

Tech based innovation incubated in SoTecIn Factory that solves the specific challenge contributing to progressing the broader mission.

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