This document discusses creating value from waste through examples and dilemmas. It summarizes the research program of the Amsterdam University of Applied Sciences' Faculty of Technology, which focuses on developing urban technology solutions through applied research projects in collaboration with companies and public organizations. The document outlines five dilemmas in creating value from waste: determining what value to preserve and for whom, issues of scale in waste collection and processing, setting up successful collaboration partnerships, ensuring waste volumes match applications, and planning for end-of-life scenarios of new applications. Examples of applied research projects addressing these dilemmas through circular approaches are also summarized.