Ireland Funds New Bioeconomy Innovation and Piloting Facility
(Agro-Chemistry/University College Dublin) The Irish Bioeconomy Foundation CLG will receive a funding of €4.6 million from the Ministery for Business, Enterprise, and Innovation, to develop a new Bioeconomy Innovation and Piloting Facility at Lisheen, Co. Tipperary.
The facility will enable industry, entrepreneurs and researchers to scale technologies that convert Ireland’s natural resources to products of high value for use in a wide variety of sectors including food ingredients, feed ingredients, pharmaceuticals, natural chemicals and biodegradable plastics.
The bioeconomy facility will be housed within the existing administration building at Lisheen, with a further addition of 8,000 sq.ft. of space for pilot processing facilities.
The Irish Bioeconomy Foundation is a not-for-profit organisation set up in 2016 by Tipperary County Council, Commercial Mushroom Producers, Glanbia, University College Dublin, Trinity College Dublin, and Limerick Institute of Technology to promote the conversion of Ireland’s natural land and sea resources to high value products for the development of a globally competitive sustainable bioeconomy. READ MORE