SuperBIO Project to Support EU Bioeconomy Innovation
(Bio Base Europe/Biomass Magazine) SuperBIO is an innovation project supported through the EU Horizon2020 funding program. The € 3.8 million ($4.24 million) project supports the development of promising industrial value chains in the bioeconomy. It therefore engages with the EU biobased business community. The project provides 10 different types of innovation services to third party SMEs which are funded by the project for 75 percent. As such, it brings these value chains closer to reality. The SuperBIO consortium includes four industrial cluster organizations (from Belgium, France, Spain and Poland), and six service providers (from the U.K., Germany and Belgium).
The EU bioeconomy in general comprises those parts of the economy that use renewable biological resources from land and sea—such as crops, forests, fish, animals and micro-organisms—to produce food, materials, chemicals and energy. A flourishing bioeconomy offers multiple advantages for the EU in the global economy. It decreases dependence on oil-producing countries by displacing fossil resources, uses local feedstock, decreases greenhouse gas emissions, and enables job creation, economic growth and re-industrialization of the EU. It currently already employs more than 18 million people and represents a turnover of more than €2 trillion. This strong foundation means that Europe is well placed to grow and diversify its current bioeconomy. Innovation focusses on producing a larger variety of bio-based bulk or specialty products, using various types of feedstocks and introducing biobased products in new sectors.
To further innovate in the EU bioeconomy, new partnerships and connections need to be established between different sectors (e.g. between chemistry and agriculture, between producers and end users). SuperBIO helps to build these connections by engaging with the wider biobased business community. It supports cross sectorial and cross border industrial value chain building and provides innovation support services to SMEs. READ MORE