Target Circular

Supporting Sustainable SMEs to Success

Our solution

Target Circular worked with SMEs and their advisors to develop knowledge, resources and process to more effectively support SMEs to succeed and transition towards circularity. Target Circular designed a four-part resource package to enable advisors and trainers to more effectively support their clients and so help their clients to be more successful and circular. Drawing on findings from across the Target Circular partnership, a Policy Analysis offers practical insights and recommendations for policymakers and support organisations seeking to maximise the return on public investment in SME development. These resources were created through multi-country practitioner co-learning and best practice exchange building on the best available evidence.
News

€1.6m project to support SMEs to make smart decisions about sustainability

A group at Munster Technological University (MTU) are seeking business owners and advisers to take part in a new €1.6 million international project to help SMEs implement effective sustainability measures. The Target Circular project is a collaboration between institutions in Ireland, Finland, Norway, Iceland and Sweden, and builds on recent research into how businesses can use a more scientific approach to decision-making.

Explore our project website

Ambition brings enthusiasm and ideas

We work with SMES to transition towards circular and sustainable practices by “strategy mapping” for decision making.

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A support package for more successful and circular SMEs

The four resources strengthen advisory services helping SMEs become more resilient, competitive, and circular.

1 - Increasing SME Success: practical, evidence-based resources to strengthen advisory approach, deliver more effective training, or improve SME outcomes. Read more

2 - Circular Business Model Ideation: identify and elaborate circular ideas with aspiring entrepreneurs and established SMEs. Read more

3 - Digitally enhanced SME learning: learn how to use digital tools support the learning of SME clients. Read more

4 - Shared service provision to SMEs: A strategic model for Business Support Organisations (BSOs) to deliver shared services to their clients. Read more

Who is it for and what are the benefits

The primary target groups for these solutions are:

  • business advisors,

  • enterprise support organisations,

  • policymakers and intermediary bodies responsible for designing and delivering SME support programmes.

By embedding these methodologies into their work, these actors can significantly enhance the effectiveness and consistency of the support they provide.

The ultimate beneficiaries are SMEs and startups, who gain access to higher-quality advisory services that improve their strategic capabilities, resilience, and long-term performance which major benefits for their communities including employment and prosperity.

Target Circular in numbers

Early evidence shows that SMEs are moving beyond reactive problem-solving toward more proactive and structured approaches to growth and innovation.

58

public-sector advisors trained or engaged

45

SMEs directly engaged and supported

70

advisors trained to reach hundreds more.

Strategic Clarity Handbook

The Strategic Clarity Handbook is a practical guide for business advisors working with SMEs. It provides a structured, step-by-step methodology to help businesses identify their goals, test their assumptions, and build a clear path forward. The Strategic Clarity Handbook is available in English, Norwegian, Icelandic and Finnish.

Go to the handbook

Policy Analysis Report

Discover the wider implications for business support and policymaking in the Policy Analysis Report, which explores how robust evidence can be used to improve the design and delivery of SME support and so increase the scale and rate of SME success.

Go to the Policy Analysis

Project priority


Innovation

Project period


Start

01.01.2023

End

31.12.2025

Lead Partner


Munster Technological University


Go to website

Project info


Objective

1.3 Enhancing sustainable growth and competitiveness of SMEs and job creation in SMEs, including by productive investments


Total Budget

1.316.264,35 EUR


NPA Co-Financing

835.624,92 EUR

News Target Circular
13.01.2026

Strategic Clarity: A Structured Method for More Effective Business Advising

News Target Circular
11.12.2025

Dr. Niall O’Leary and Fiacre Muller Delivered the 'Strategic Clarity' Workshop for 22 Advisors at Údarás na Gaeltachta On November 13th

News Target Circular
03.12.2025

Promoting the circular economy as part of the work of BSOs: tools, case examples, and the guidebook

News Target Circular
25.11.2025

Utilizing Waste Streams Requires Collaboration

News Target Circular
25.11.2025

Unlock new opportunities in sustainable business.

News Target Circular
27.10.2025

Promoting the circular economy as part of the work of BSOs: tools, case examples, and the guidebook

News Target Circular
26.09.2025

Two Workshops for Business Advisors under the Target Circular project

News Target Circular
04.06.2025

New Online Resource Available: Tools for a Circular Economy

News Target Circular
14.05.2025

Successful conclusion of the Target Circular pilot program

News Target Circular
10.05.2025

Target Circular Engages Business Advisors with Evidence-Based Methodologies

News Target Circular
05.03.2025

Strengthen Lean Startup with Research-Based Methods

News Target Circular
17.02.2025

SSNV Introduces a Short Course on Business Planning

News Target Circular
13.02.2025

Free online training in Centria's webshop has been published

News Target Circular
15.01.2025

Strategic entrepreneur program - Norway

News Target Circular
01.11.2024

Target Circular - Successful Launch Event in Iceland for Entrepreneurs and Businesses

News Target Circular
01.10.2024

KOSEK and Centria's joint project on responsible business development has completed its first phase

News Target Circular
18.09.2024

Strategic entrepreneur program - Iceland

News Target Circular
19.02.2024

€1.6m project to support SMEs to make smart decisions about sustainability

See more project news

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