The London Borough of Hackney recently awarded £600,000 in grants via its Hackney Central Impact and Ideas Grant Fund, supporting local businesses pushing the circular economy.
The program involved a total of 23 green enterprises, including Batch.Works, an East London design and manufacturing studio using 3D printing to upcycle plastic waste into useful products. Riding off the back of the initiative, the Hackney Council is now actively encouraging other local businesses to partake in discussions regarding the circular economy, all in a bid to cut waste, reuse materials, and slash emissions.
Guy Nicholson, Deputy Mayor for Delivery, Inclusive Economy, and Regeneration, said, “It is all too easy to jettison some of our ambitions to reduce emissions, support the creation of a circular economy and play our collective part in transforming Hackney’s local economy and placing it at the forefront of the net zero carbon economy of tomorrow. Despite the challenges we face, the Council is determined to support the borough’s business owners to create the economy of tomorrow.”