Bio-Innovation Support for Entrepreneurs throughout NWE regions (Q4297721): Difference between revisions

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Revision as of 20:11, 16 June 2022

Project Q4297721 in France, Germany, Belgium, United Kingdom, Ireland, Netherlands
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English
Bio-Innovation Support for Entrepreneurs throughout NWE regions
Project Q4297721 in France, Germany, Belgium, United Kingdom, Ireland, Netherlands

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    3,495,452.35 Euro
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    5,825,753.92 Euro
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    60.0 percent
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    25 February 2016
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    25 August 2019
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    Bio Base Europe Pilot Plant non-profit organisation
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    50°27'30.28"N, 3°55'39.86"E
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    51°8'17.20"N, 3°47'3.23"E
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    52°26'35.74"N, 9°2'48.34"W
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    53°56'54.38"N, 1°3'12.78"W
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    53°56'58.85"N, 1°2'51.58"W
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    51°12'46.44"N, 6°45'45.04"E
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    51°35'1.03"N, 4°44'58.99"E
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    47°15'52.74"N, 1°34'3.14"W
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    51°3'10.01"N, 3°42'32.26"E
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    The focus in BioBase4SME is on the emerging biobased economy. This economy is very multi-sectoral, as it affects at least 19 traditional sectors. This multidisciplinarity makes it a hotbed for innovation, but at the same time difficult to bring the innovations to the market, as the production process, the value chains and sometimes even the products are currently non-existing. BioBase4SME will enable knowledge flows between professional support services and entrepreneurs. Training and 1-to-1 mentoring will be provided regarding issues that are essential to bring an innovation successfully to the market, but show to be persistent bottlenecks that eradicate promising innovations. The support will focus on (i) delivering industrial proof of concept and (ii) developing a realistic business plan including market analysis and completing the new value chain. Both issues are primordial to convince any type of investor. BioBase4SME builds upon the expertise and learnings gathered in previous projects, in particular the successful Interreg IVB project Bio Base NWE. We expect to bring at least 20 promising innovations closer to the market, resulting in new investments and job creation, and provide training to about 200 entrepreneurs active in the biobased economy, thus boosting their innovation capacity. Other main outputs are a strong, interregional network to guide entrepreneurs towards successful innovation, improved regional support for the biobased economy in terms of innovation and investment climate, legal framework and public approval. The disparity between biobased innovation capacity in Ireland compared to the rest of NWE will be decreased. The BioBase4SME partnership will follow up on the strategy, its success and the lessons learnt. This info will be gathered in a comprehensive report and promotional material that will be available upon request through the partners and in the social media, also after the project end. (English)
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