The Schmidt-MacArthur Fellowship

  • Grant:
    The Schmidt-MacArthur Fellowship
    Location:
    UK
    Purpose:
    A program set to develop the skills and innovative thinking required to map out the next economy.

The Schmidt-MacArthur Fellowship is a partnership between us and the Ellen MacArthur Foundation.  The program is set to develop the skills and creative thinking required to map out the next economy by fostering innovation through the conference of design, engineering and business disciplines from a number of the world’s leading schools.

Imperial College London, Cranfield University and London Business School form the core team, which in partnership with the Ellen MacArthur Foundation, provide expert input for an intensive summer school in the UK and an associated online knowledge-building program. These institutions are joined by a small, exclusive group of Partner Universities: Yale University, Stanford University and University of California Berkeley in the United States, Euromed Management, TU Delft University of Technology and Politecnico di Milano in Continental Europe, and India’s National Institute of Design.

The fellowship has been created in response to growing global interest around the circular economy, a model that works to decouple growth from resource constraints through creating regenerative material flows by design. The launch follows a new report by the Ellen MacArthur Foundation, released during the World Economic Forum in Davos, outlining a multi-billion dollar opportunity for businesses adopting the circular economy as an innovation framework. 

This year's students and academic mentors from universities in the US, Europe and India took part in a London summer school before returning home to focus on a post-graduate innovation project. During the summer school participants in the program also had the opportunity to explore new concepts and discuss their implementation with the Foundation’s Circular Economy 100 business alliance. The alliance brings together 100 global business leaders and emerging innovators looking to share best practice and unlock the commercial opportunities of the circular economy.