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Catalysing Investment into Catalan Bioeconomy via One-Stop-Shop Accelerator

Project description

Accelerating the growth of the bioeconomy in Catalonia

The region of Catalonia has the potential to become a leader in bioeconomy innovation and implementation in Europe, with a strong presence in high-tech manufacturing, research, industry, agriculture and fisheries. Launched in 2021, the Catalan Bioeconomy Strategy provides significant institutional support. However, the successful implementation of circular bioeconomy projects requires the involvement of a diverse range of stakeholders, complex business models and a deep understanding of both technical and legal aspects. The EU-funded BIOBOOST project will boost the growth of the bioeconomy in Catalonia by offering project development assistance (PDA) services through a one stop shop office in Barcelona. The project will address the needs of these projects, providing a package of PDA services.

Objective

"Catalonia offers huge potential to become a showcase for Bioeconomy innovation and deployment in Europe. The region is a hub of high-tech manufacturing, research, and industry (vehicles, chemical, health), has extensive forests (>60% coverage), agricultural production and fisheries, and it is backed by strong institutional support for the bioeconomy with The Catalan Bioeconomy Strategy launched in September 2021.
However, circular bioeconomy projects involve a wide range of stakeholders, complex business models and demand strong technical and legal knowledge from developers, investors, regulators, and local planning authorities. For these reasons, many viable bioeconomy projects are overlooked and are unable to raise sufficient investment.
BIOBOOST aims to accelerate the growth of the bioeconomy in Catalonia by delivering Project Development Assistance (PDA) services that address the specific and systematic barriers preventing bioeconomy projects from reaching the investment stage. PDA services will be delivered via a one-stop-shop office in Barcelona, the ""Accelerator"". The needs of bioeconomy projects will be assessed, Project Development Plans developed, and a package of PDA services offered. The office will also work together with the investment community and public institutions to prepare these stakeholders for investment and construction phases.
PDA services will be delivered by a powerful consortium of sector specialist that bring together all the core components of successful project development: 1. Facilitation and Coordination (Symbiosis); 2. Technical Feasibility and Engineering (Aeris); 3. Legal and Public Administration (Roca Junyent); and 4. Business Develop and Financing (Inveniam).
Overall, we forecast that over 30M€ of additional investment into circular bioeconomy projects will be achieved because of the BIOBOOST project, representing over a 18x multiplier on EU investment."

Fields of science (EuroSciVoc)

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Keywords

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Programme(s)

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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.

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.

HORIZON-CSA - HORIZON Coordination and Support Actions

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-CL6-2021-CIRCBIO-01

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Coordinator

CARTAGO VENTURES SL
Net EU contribution

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.

€ 758 750,00
Address
AV DIAGONAL 580 PLANTA 4 PTA 2
08021 BARCELONA
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Cataluña Barcelona
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 758 750,04

Participants (3)

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