Scaling up Europe’s bio-based industries
Scaling up Europe’s bio-based industries
Scaling up bio-based industries can strengthen the EU’s strategic autonomy and competitiveness, foster innovation and create growth and jobs.
The study focuses on three product classes within the bio-based industry that demonstrate significant potential for scaling up: (i) bio-based materials and chemicals, (ii) innovative food and feed ingredients and (iii) bio-based soil nutrients and enhancers.
Key recommendations include leveraging Circular Bio-based Europe Joint Undertaking flagship grant applications to build a pipeline of promising projects, expanding the European Circular Bioeconomy Fund model to enable high-risk investment in early-stage bio-based ventures, and creating an eligibility checker for bioeconomy and circular economy projects.