The bioeconomy refers to the set of economic activities relating to the invention, development, production and use of biological products and processes. To transition from a fossil fuel based economy to a bioeconomy, new value chains, utilising biobased resources and innovation are required.
The bioeconomy has the potential to maintain and create economic growth and jobs in rural, coastal and industrial areas, reduce fossil fuel dependence and improve the economic and environmental sustainability of primary production and processing industries.
Our aim is to promote bioeconomy opportunities to business and provide consultancy and advice to business to aid development and adoption of biobased products and processes. This is based on long experience and unique knowledge of the various stakeholders in biobased arena including industry, academia, research, government and innovation bodies.
We wish to nurture relationships and further develop opportunities for SMEs and companies in identifying and securing new research and innovation funding opportunities; to support biobased developments; to organise events including business seminars to attract clients to particular services and products that fall within the circular and bioeconomy.