The Business of the Bioeconomy: Accelerators, … · The Business of the Bioeconomy: Accelerators,...

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Transcript of The Business of the Bioeconomy: Accelerators, … · The Business of the Bioeconomy: Accelerators,...

The Business of the Bioeconomy: Accelerators, funding and supports

Dr Imelda Lambkin National Director Horizon 2020

Horizon 2020 - biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 - 2020)

• Two types of research opportunities:

– Collaborative Industrial Leadership

Societal challenges

– Single entity SME Instrument

Goal: Invest €3 billion in 7,500 companies by 2020.

• Strong innovation at prototype stage

• Significant international business led opportunity

• Rapid growth prospects

• External investment secured

• An innovative project that requires large investment (€1 million +)

Type of SME suited to SME Inst.

3 Phases…

€1.12m

€0.66m

€0.64m

€2.48m

€1.09m

€0.18m

€1.72m

€1.01m

€4.27m

€4.49m

€0.99m €1.6m €1.26m

€0.40m

€2.75m

€2.20m

€3m

€1.12m

€1.12m

€1.52m

Successful applications • Demonstrate a disruptive/novel innovation,

• Have a clear ambition to grow at EU level, will generate revenues and create jobs.

• Demonstrated knowledge of target market / convincing commercialisation plan.

• Explain the market conditions and the evolution of the competition including concrete and realistic figures on the market share and sales price.

• Show at least 3 years of projection of sales volume, turnover and number of jobs created.

• Demonstrate that your project has a European or international market

• Intellectual property - Protection very important and must be explained.

https://sme.easme-web.eu/#

Interactive map to view companies, budgets, abstracts, locations etc.

Bio-based Industries Joint Undertaking (BBI – JU)

www.bbi-europe.eu

Objectives:

Resource efficiency

Sustainable low carbon economy

Increase economic growth in rural areas

Implementation

Establishing a sustainable biobased

industry

Advanced biorefineries

Technologies / Chemicals /

biomaterials

Business models / whole value

chains / supply / biorefineries /

consumers / clusters / connections

Flagship biorefinery plants /

technologies / business models /

cost performance

Reduction in the use of fossil fuels

vs. biobased materials for material,

chemical, energy & fuel production

BBI JU budget

TOTAL

€ 3705 M

(about 75% from

BIC)

€ 975 M

Call for Proposals

(in cash and in kind)

€ 975 M

Additional

Investments

€ 1755 M

+ =

BBI Challenges

Biomass and waste Biorefineries Fuel

Chemicals and materials

Feed & food ingredients

Bio-Based Industries (BBI) are facing complex and

substantial technological and innovation challenges

https://eit.europa.eu/eit-community/eit-food

Patrick Barrett, DAFM Patrick.Barrett@agriculture.gov.ie

SME Advisors: Sean Burke (sean.burke@enterprise-Ireland.com)

Jill Leonard (jill.leonard@enterprise-Ireland.com)

Horizon 2020: www.horizon2020.ie

Enterprise Europe Network Ireland: www.een-ireland.ie