BIC’s activities are geared towards making our members’ bio-based businesses and innovations profitable and marketable. This, in turn, contributes to the EU meet its climate and sustainability targets as set out in the European Green Deal.
BIC activities support the objectives of our four pillars:
1. CBE JU
- Shaping the CBE’s Strategic Research and Innovation Agenda (SRIA) together with the European Commission.
- Jointly creating the Annual Work Programme with the European Commission.
- Monitoring the progress of the CBE JU towards the requirements of the regulations and agreeing on adjustments if needed.
- Organising networking and matchmaking events to connect different industrial sectors and other stakeholders operating in the bioeconomy.
- Commissioning independent studies on topics useful for our members – including market foresight studies, business intelligence and new technologies.
- Webinars and a digital bioeconomy library to provide BIC members with relevant information to drive their business forward.
- A digital platform allowing BIC members to connect with the regions.
- Country reports mapping out the operations and opportunities for the bio-based economy in EU Member States.
- Commissioning studies on funding/support for bio-based projects and investments in the EU and the regions.
- Creating opportunities for BIC members unsuccessful in securing CBE funding to pitch to other entities such as corporate ventures, European Funds, private banks and venture capitalists.
- Assisting BIC members in defining and substantiating sound business cases, documented in clear business plans that appeal to investors.
- Improving conditions for access-to-finance in Europe.
- Supporting bio-based SMEs and start-ups get off the ground with CSA projects, like MPowerBio and BioeconomyVentures.
- Helping young people to discover the potential of the bio-based economy through initiatives such as the European Bio-based Innovation Student Competition (BISC-E) and Talent4BBI.
- Participation in public events to raise awareness, such as the EU Green Week.
- Sharing stories about the positive impact of the bioeconomy on growth and jobs through the BIC Investment Portal.
- Carrying out joint projects with civil society actors.
- Being the ambassadors for the bio-based industries in traditional media and social media.
BIC also carries out supporting activities to achieve a favourable framework for the bio-based industries in EU policy initiatives – such as advocacy work and constructive cooperation and dialogue with political stakeholders.