ELEVATEX is a flagship Joint Cluster Initiative designed to invigorate the European textile industry by championing the twin-transition—simultaneous digitalization and green sustainability. The project focuses on strengthening the resilience and global competitiveness of European textile value chains. It achieves this by fostering cross-regional and cross-sectoral cooperation, notably by opening up textile clusters to non-textile sectors like advanced manufacturing. A key element of the project is providing Financial Support to Third Parties (FSTP), managed through a dedicated online platform, which directly channels funding to SMEs to implement innovative projects that align with the twin-transition objectives. This holistic approach ensures not only recovery but also long-term, sustainable growth for the European textile ecosystem.
