Veltha is born!
Everything started on the 10th of May 2010 - Veltha was set up in collaboration with Università della Tuscia of Viterbo (Italy) with the purpose of joining the European research family, active in areas related to the environment, sustainable development and eco-innovation.
In this regard, Veltha has been involved in different European projects – Depbal, Zephir, SCREEN. By operating in these fields, Veltha realized at the very early stages of its development, the importance of the circular economy as the systemic approach to foster sustainable use of resources and revolutionise the supply chains.
Meet Circular Economy
After the adoption by the EC of the “Manifesto for a resource-efficient Europe” and the first report of the Ellen Macarthur Foundation “Towards a circular economy”, in 2013, the Circular Economy became for Veltha the main target of research and commitment to enable the transition to this new vision.
The involvement in the Horizon2020 SCREEN project allowed Veltha to collaborate with more than 25 European Regions and 900 stakeholders, thus extending the network of regional officers, policymakers, experts, and general stakeholders, that can be added to emerging industrial clusters, academia, and cross-sectoral value chains.
Broadening the research scope
At that time, Veltha enlarged the research to include innovative technologies enabling new business models for SMEs. These activities anticipated the recommendations of the new CE action plan published in 2020 and paved the way for Veltha to be considered a frontrunner in the research devoted to a circular economy innovation system.
What is Veltha now?
Currently, Veltha keeps pursuing this goal by being involved in four EU funded projects: DigiPrime, REPLACE, FrontSh1p, and Integrate, while performing parallel activities aimed at generating ideas for EU project proposals. Veltha now specialises in performing research to design circular economy solutions to tackle climate change.