BIC’s strategy contains four pillars:
1. CBE JU
CBE JU – giving BIC members a say in the EU’s bioeconomy innovation agenda and a head start in winning EU funding. Through our partnership with the European Commission, BIC members actively contribute to the EU’s bioeconomy agenda through the co-drafting of the Strategic Research and Innovation Agenda (SRIA) which defines the research, demonstration and deployment activities to be carried out by the CBE JU. Together with the EC, BIC members also help to draft the annual CBE JU Work Plans with the topics that will be funded under the CBE JU.
Business – fostering beneficial connections and increasing market intelligence. We work towards creating bonds between the different industrial sectors and other stakeholders that have a common interest in the European bioeconomy and making sure that BIC members have the relevant information needed to drive their bio-based business strategies forward.
Finance – mobilising public and private finances and investors. We assist bio-based industry actors to obtain financial support to keep investments in Europe. This includes looking for funding opportunities outside of the CBE JU. BIC also connects SMEs and start-ups with larger companies, so that potential matchmaking can lead to investment and increased knowledge of new technologies and innovations.
Society – raising awareness of the bioeconomy and promoting bio-based industries as leaders in providing sustainable solutions. We aim to make sustainability the norm in the bio-based industries by building up adequate competencies in BIC members. We push for greater knowledge and purchasing of bio-based products by citizens. And we support initiatives that make the bioeconomy part of the education of students.