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SEL NTUA
NTUA SEL

ΕΠΙΧΕΙΡΩ ΚΥΚΛΙΚΑ

  • Writer: PROJECTS
    PROJECTS
  • Nov 30, 2024
  • 2 min read

Updated: Jun 24

Development of innovative simulation models and tools for the transformation of Greek enterprises based on the principles of the green transition and the circular economy

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Duration: 12 months (2025 – 2026)

Funding programme: Hellenic Ministry of Education

Project budget: 1.240.000,00

SEL NTUA budget: 496.000,00

Coordinator: SEL NTUA 

SEL NTUA role: Project Coordinator, WP2 leader “Circular management and decision support services for the circular economy”, WP3 leader “Cross-sectoral collaboration groups for circular economy and data collection”.

Project website: Coming soon


Project summary and objectives


ΕΠΙΧΕΙΡΩ ΚΥΚΛΙΚΑ aims to accelerate the transition of Greek enterprises—particularly SMEs—towards sustainable and circular business models. The project develops a suite of innovative, AI-driven tools and simulation models integrated into a digital platform to support the adoption of circular economy principles and green transformation strategies across sectors.

By leveraging advanced data analytics, knowledge graphs and semantic technologies, the platform will offer companies the ability to evaluate their environmental performance, align with European and international sustainability standards and redesign their operations accordingly. Special focus is placed on enabling collaboration, knowledge exchange and resource efficiency through digital marketplaces and industrial symbiosis mechanisms.


Project methodology and basic pillars
Project methodology and basic pillars

Main Objectives:


  • Develop models and tools for assessing and improving business circularity and environmental performance.

  • Create a digital platform integrating databases, compliance support, ESG metrics and scenario analysis tools.

  • Facilitate inter-enterprise collaboration via a digital marketplace for industrial symbiosis and resource sharing.

  • Pilot and validate tools in real industrial environments, with ELVALHALCOR as a demonstrator in the metals’ sector.

  • Strengthen the competitiveness and sustainability of Greek enterprises in alignment with EU policy goals.


Expected Results:


  • Enhance of industrial symbiosis participation

  • Improving SME compliance with sustainability standards

  • Fostering innovation and technology development

  • Adoption of a sustainability ecosystem:

  • Strengthening business collaboration networks

  • Enhancing knowledge and skills


SEL NTUA's contribution in the project


SEL NTUA is the Project Coordinator, overseeing administration, financial management, quality and risk management while ensuring technical and scientific guidance. Moreover, SEL NTUA leads the development and integration of advanced data analysis and circularity assessment models into the platform, enabling users to leverage multi-source data for circular economy practices, collaboration and innovation. It also provides cutting-edge methodologies for Life Cycle Assessment and related tools, enhancing the project's research and innovation capacity.


Research team 


SEL NTUA Innovation Pillars



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