Project description
Boosting European bioeconomy start-ups
The European Bioeconomy Strategy aims to accelerate the deployment of a sustainable European bioeconomy, which includes food security, the sustainability of natural resources, and reduced dependence on non-renewables. The EU-funded BioeconomyVentures project will develop a reference platform for bioeconomy-based start-ups and spin-offs seeking to gain access to finance. The platform will serve as a main meeting point for the bioeconomy entrepreneurship field. It is part of the project’s overall goal of building a first of its kind bioeconomy entrepreneurship ecosystem, boosted by the BioeconomyVentures Ambassadors Programme. It will also create an assessment methodology to qualify and quantify the needs of the start-ups and spin-offs though the BioeconomyVentures evaluation matrix.
Objective
The BioeconomyVentures project aims to build the reference platform for bioeconomy-based start-ups and spin-offs seeking to gain access to finance, becoming the main meeting point in the European bioeconomy. Our solution, aligned with the European Bioeconomy Strategy (2018) and the vision and strategy of the Bio-based Industries Consortium (BIC), is based on a threefold approach:
1) Building and leveraging the first of its kind bioeconomy entrepreneurship ecosystem, boosted by the BioeconomyVentures Ambassadors Programme (AAP).
2) Creating and validating an assessment methodology for qualify and quantify the needs of the start-ups and spin-offs though the BioeconomyVentures Evaluation Matrix
3) Designing, developing and executing an interactive one-stop-shop- platform that will serve as a main meeting point for the bioeconomy entrepreneurship field, bringing together relevant groups of stakeholders (start-ups, spin-offs, investors and corporates) and integrating, on one single access point, high-quality services aiming to unlock the innovation potential and uncover opportunities to build relationships and partnerships across the BioeconomyVentures network.
The consortium forms a strong pool of experts along with the fields of bioeconomy and business with a track record managing entrepreneurship programs. Its partners have been intentionally selected by their expertise and geographical reach, bringing together 6 different countries (IE, ES, BE, AT, IT, RS) to consolidate the maximum outreach of the initiative. It consists of 9 partners with complementary competences: 5 clusters or networks of start-ups, spin-offs, corporates and investors (IBF, FF, FOOD+I, FSH, and FSH), 2 innovative SMEs (ENCO, ALC) with an important background in providing services and training to entrepreneurs, the main Pilot Plant Facility in Europe (BBEPP) and one Research and Innovation Centre specialized in venture development within the bioeconomy field (AITIIP).
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business business and management entrepreneurship
- natural sciences biological sciences ecology ecosystems
- social sciences economics and business economics bioeconomy
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.2. - SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
MAIN PROGRAMME
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H2020-EU.2.1.4. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Biotechnology
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H2020-EU.3.2.6. - Bio-based Industries Joint Technology Initiative (BBI-JTI)
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
CSA - Coordination and support action
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-BBI-JTI-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
E41 R622 Thurles
Ireland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.