BIC sets out to stimulate bio-based investment in regions with new plaform

16 October 2019

The Bio-based Industries Consortium (BIC) is setting up a  'digital' bioeconomy platform to connect European regions and industry in early 2020.

The concept is based on a digital, partnering platform where regions and industry can make contact based on mutual interest. The platform focuses on creating local value chains and access to finance, namely helping regions and industry bridge the gap about bio-based investment opportunities at the level of regions.  

This is in line with the position of the European Committee of the Regions (CoR) which has been working on the bioeconomy, raising awareness and strengthening the local and regional dimension for the past years. The CoR has also stated that platforms such as the Bio-Based Industries Consortium, able to maximise the potential of the findings and knowledge acquired and to combine local and regional initiatives, can promote bioeconomy processes effectively.

➡️ Visit the platform's dedicated website:

Benefits to regions

  • Easily identify industry actors corresponding to the region’s bio-based investment priorities/ feedstock availability by using the platform’s search and filter functions.
  • Make contact and build relationships with new industry actors, not yet present in the region/country.
  • Using the platform, regions can identify appropriate industry actors for private investments in new local bio-based value chains.

Benefits for industry

  • Easily identify regions offering opportunities for bio-based investment & associated financial incentives, using the search and filter function in the platform.
  • Access alternative sources of finance for excellent, but unsuccessful BBI JU or other EU funding proposals. This is particularly relevant for high TRL projects, such as flagships and demos that met the quality threshold but did not receive funding due to budget limitations. 
  • Industry representatives can make contact and build relations with regions via the platform.

Regions have a profile with key information of interest to potential industry investors in the platform such as:

  • Bio-based priorities for investment
  • The financial incentives available for this investment
  • Type of feedstocks in the region. To see an indicative list of bioeconomy feedstocks, please click here.
  • Skills & competencies in the region

The bio-based industry also have a profile in the platform with information such as:

  • Target market sectors
  • Feedstocks currently used
  • Feedstocks looking to use
  • BBI JU project participation
  • BBI JU calls applied for
  • Biorefineries in Europe 

Are you a region interested in becoming part of the bioeconomy platform?

For questions, please contact Ben Kennard, BIC Communications and Stakeholder Relations Manager, at

Detailed information on the plaftorm and FAQs

Please click here.