The Bio-based Industries Consortium (BIC) General Assembly came together to discuss the future of bio-based industries in Europe.

With 56 new members offering fresh new ideas, the BIC saw participants discuss the further development of Europe’s competitive bioeconomy by bringing forward new technological developments and creating market pull for bio-based products and applications.

BIC Executive Director, Dirk Carrez, said, “BIC continues to be an important bio-based platform, bringing together different sectors and entire value chains to collaborate on the bioeconomy. New members…help us further develop innovative bio-based value chains and contribute to Europe’s circular and low carbon economy objectives.”

The meeting also discussed the Bio-based Industries Joint Undertaking (BBI JU) participation with representatives of BBI JU Coordination and Support Actions (CSAs) addressing non-technological aspects of the bioeconomy such as market uptake, road mapping and standardisation to support further developments in the sector.

“BBI JU continues to have a strong impact, mobilising relevant stakeholders ranging from SMEs to large companies and resource and technology providers to brand owners,” said Carrez.

Other topics discussed included BIC’s recent study which outlines a range of funding opportunities for EU bio-based projects in the new European bioeconomy strategy that aims to increase awareness of different EU financial instruments and demonstrate how they can be used and combined to improve future participation in the bio-based industry.

More information can be found on the BIC website.