Revitalisation of European local communities with innovative bio-based business models and social innovation
The action advances the role and impact of bio-based innovation to accelerate the transition from a linear fossil-based economy, which leads to overuse and depletion of natural resources, into a resource-efficient and circular bio-based systems operating safely within planetary boundaries. Improved and informed governance and especially social innovation contributes to reducing resource consumption and results in an increased innovation capacity of all actors, while reducing the risk of leaving anyone behind, particularly in the areas and communities in need of revitalisation. This also helps to advance innovation at local scale and engage all actors (especially the ‘social enterprise’ model relevant for vulnerable populations).
Proposals should benefit from social creativity and opportunities at regional scale unleashed for bio-based systems, ensuring their low environmental footprint, in terms of feedstock, resources, processes, materials and products. Impacts and trade-offs,