Bio-based Industries Consortium (BIC)

There's one month left to apply for the 3rd edition of the Tech Tour Bio-based Industries Programme (TTBIP 2024) taking place in Wuppertal, Germany on 14 November 2024. BIC is co-organising the event with Tech Tour, Circular Valley, Bayer, the NRW Ministry of Economic Affairs, Industry, Climate Action & Energy and ShapingBio. The invitation-only event will bring together the best 30 companies in the bio-based sector seeking funding and/or strategic partnering with over 40 of the most active venture capital, angel investors, corporations and government investors. Companies selected to pitch can: 🌟 Present the activities and focus of your company in front of investors and carefully selected audience (you will receive two pitching opportunities at the live event in Aarhus). 🌟 Schedule 1-to1 meetings onsite and/or we can assist you to create post-event connections with attending investors and experts of your choice. 🌟 Network freely with dynamic with fellow entrepreneurs and international venture capitalists. 🌟 Take part in the Online Academy where you can practice your investor pitch and receive feedback and advice from a panel of coaches.  🌟 Join exciting discussions led by influential European investors and industry experts.  🌟 Visibility in all digital & printed materials, the event website and Tech Tour social media channels. Don't miss this great opportunity. Apply today! https://lnkd.in/e-mVib-A

⚡Innovation can't thrive without markets. At BIC, we are super-focused on helping bio-based innovations scale up and reach the market. But we can’t do this alone. Point 3️⃣ of our Manifesto asks the EU to create and expand market opportunities for bio-based products to spur innovation, sustainable growth and secure strategic autonomy. Read our full plan for an 🇪🇺 bioeconomy 👇 https://zurl.co/Yfmt

📣Calling all EU policymakers! It’s time to recognise what a turbo-charged circular bioeconomy can deliver. * Reduces the EU’s dependency on fossil resources and enhances strategic autonomy * Creates jobs, notably in rural areas * Drives investment * Strengthens the EU’s industrial competitiveness #BetterwithBiobased

The EU is aiming to be climate neutral by 2050. For this to happen, we will need to 🔽the use of fossil fuels (including fossil-based products) and 🔼 renewable, circular and bio-based alternatives. Exciting things are happening in the bioeconomy, particularly in the bio-based industries. Innovation is accelerating the #sustainable transition ♻️ What can 🇪🇺 policymakers do? Here are a few suggestions 😎

The circular bioeconomy can be the economic powerhouse of the future 🇪🇺 - and lead the world! And Europe’s bio-based industries can play a significant role in boosting the bioeconomy. But we need sustainable biomass to compete with the rest of the world, such as the US, China and Brazil. This is just one aspect of the legislative support we’ve identified in the BIC Trend Report 👇 https://zurl.co/ci1b

The shift to a sustainable, low-carbon, circular bioeconomy represents an opportunity worth up to 7.2 billion euros globally. The EU needs to take full advantage of the opportunities this presents for green growth and jobs! Here are a few of the key policy moves that Europe needs right now 💪

Biorefineries efficiently transform and valorise biomass into food, feed, products, and energy. They are at the core of the bioeconomy, and by efficiently creating value from all fractions of different renewable feedstocks. Virgin feedstock, by-products, recycled streams, and waste are all crucial feedstocks for the development of bioeconomy. How can EU policymakers tackle this? Here are 3️⃣  suggestions: ☑️ Undertake a systemic assessment of biomass legislation ☑️ Ensure high-value use of biomass ☑️ Apply scientifically-sound sustainability criteria consistently for biomass

In Europe, 8.5 million tons per year of used Absorbent Hygiene Products (AHP), such as sanitary towels and diapers, end up in landfills or being incinerated. BIC member Novamont is part of the Circular Bio-based Europe Joint Undertaking (CBE JU) EMBRACED project turning AHP waste into valuable, bio-based feedstock? ♻️ Results suggest CO2 savings of 270-443 kg per ton of AHP waste recycled vs. the landfill / incineration scenario. Learn more about this exciting case study in our #bioeconomy Trend Report 👇 https://zurl.co/BxI8

📣 Calling on all EU policymakers - do you know how valuable regions and industry are for a thriving bioeconomy? We've published a policy paper together with the European Regions Research and Innovation Network ERRIN highlighting the most pressing actions needed in this new EU mandate period to unleash the potential of regions and industry to contribute to a thriving bioeconomy. Here are the key points: 🔰 Recognise the bioeconomy's strategic role in EU policies by updating the EU’s Bioeconomy Strategy by 2025, involving regional and industrial stakeholders, setting indicators and targets, and ensuring interdisciplinary policy design with central coordination at the EU Commissioner level. 🔰 Support and scale up bio-based innovations by developing national and regional bioeconomy strategies, setting up an IPCEI for bio-based industries, creating common European rules for bio-based public procurement, and strengthening bioeconomy-related skills. 🔰 Engage local and regional authorities with industrial ecosystems by creating bioeconomy-related Regional Innovation Valley ecosystems, strengthening place-based strategic policymaking and exploiting funding synergies. 🔰 Foster public-private collaboration for research and innovation by continuing the Circular Bio-based Europe Joint Undertaking (CBE JU), with strengthened engagement of regions and their stakeholders and by setting up regional innovation programmes for experimentation and planning industrial circular use of bio-based materials. 🔰 Secure sustainable biomass supply for biomanufacturing by conducting strategic analysis on EU biomass demand and supply, encouraging Member States to support biomass supply chain resilience and facilitating data sharing on feedstocks and secondary biomass for better industrial symbiosis and urban planning. Read the full paper here 👉 https://lnkd.in/eehZPEFx

We know that fast fashion is bad for the environment. Sustainable fashion has become increasingly popular. Did you know that bio-based solutions and innovation play a significant role in sustainable fashion? Here’s one example from BIC member Metsä Group It's called ©Kuura and it's made from wood 🌲🌳 Learn more about this exciting case study in our #bioeconomy Trend Report 👇 https://zurl.co/RBsO