Summary
"Catalonia offers huge potential to become a showcase for Bioeconomy innovation and deployment in Europe. The region is a hub of high-tech manufacturing, research, and industry (vehicles, chemical, health), has extensive forests (>60% coverage), agricultural production and fisheries, and it is backed by strong institutional support for the bioeconomy with The Catalan Bioeconomy Strategy launched in September 2021.
However, circular bioeconomy projects involve a wide range of stakeholders, complex business models and demand strong technical and legal knowledge from developers, investors, regulators, and local planning authorities. For these reasons, many viable bioeconomy projects are overlooked and are unable to raise sufficient investment.
BIOBOOST aims to accelerate the growth of the bioeconomy in Catalonia by delivering Project Development Assistance (PDA) services that address the specific and systematic barriers preventing bioeconomy projects from reaching the investment stage. PDA services will be delivered via a one-stop-shop office in Barcelona, the ""Accelerator"". The needs of bioeconomy projects will be assessed, Project Development Plans developed, and a package of PDA services offered. The office will also work together with the investment community and public institutions to prepare these stakeholders for investment and construction phases.
PDA services will be delivered by a powerful consortium of sector specialist that bring together all the core components of successful project development: 1. Facilitation and Coordination (Symbiosis); 2. Technical Feasibility and Engineering (Aeris); 3. Legal and Public Administration (Roca Junyent); and 4. Business Develop and Financing (Inveniam).
Overall, we forecast that over 30M€ of additional investment into circular bioeconomy projects will be achieved because of the BIOBOOST project, representing over a 18x multiplier on EU investment."
However, circular bioeconomy projects involve a wide range of stakeholders, complex business models and demand strong technical and legal knowledge from developers, investors, regulators, and local planning authorities. For these reasons, many viable bioeconomy projects are overlooked and are unable to raise sufficient investment.
BIOBOOST aims to accelerate the growth of the bioeconomy in Catalonia by delivering Project Development Assistance (PDA) services that address the specific and systematic barriers preventing bioeconomy projects from reaching the investment stage. PDA services will be delivered via a one-stop-shop office in Barcelona, the ""Accelerator"". The needs of bioeconomy projects will be assessed, Project Development Plans developed, and a package of PDA services offered. The office will also work together with the investment community and public institutions to prepare these stakeholders for investment and construction phases.
PDA services will be delivered by a powerful consortium of sector specialist that bring together all the core components of successful project development: 1. Facilitation and Coordination (Symbiosis); 2. Technical Feasibility and Engineering (Aeris); 3. Legal and Public Administration (Roca Junyent); and 4. Business Develop and Financing (Inveniam).
Overall, we forecast that over 30M€ of additional investment into circular bioeconomy projects will be achieved because of the BIOBOOST project, representing over a 18x multiplier on EU investment."
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/101060974 |
| Start date: | 01-06-2022 |
| End date: | 31-05-2026 |
| Total budget - Public funding: | 1 775 250,00 Euro - 1 775 250,00 Euro |
Cordis data
Original description
"Catalonia offers huge potential to become a showcase for Bioeconomy innovation and deployment in Europe. The region is a hub of high-tech manufacturing, research, and industry (vehicles, chemical, health), has extensive forests (>60% coverage), agricultural production and fisheries, and it is backed by strong institutional support for the bioeconomy with The Catalan Bioeconomy Strategy launched in September 2021.However, circular bioeconomy projects involve a wide range of stakeholders, complex business models and demand strong technical and legal knowledge from developers, investors, regulators, and local planning authorities. For these reasons, many viable bioeconomy projects are overlooked and are unable to raise sufficient investment.
BIOBOOST aims to accelerate the growth of the bioeconomy in Catalonia by delivering Project Development Assistance (PDA) services that address the specific and systematic barriers preventing bioeconomy projects from reaching the investment stage. PDA services will be delivered via a one-stop-shop office in Barcelona, the ""Accelerator"". The needs of bioeconomy projects will be assessed, Project Development Plans developed, and a package of PDA services offered. The office will also work together with the investment community and public institutions to prepare these stakeholders for investment and construction phases.
PDA services will be delivered by a powerful consortium of sector specialist that bring together all the core components of successful project development: 1. Facilitation and Coordination (Symbiosis); 2. Technical Feasibility and Engineering (Aeris); 3. Legal and Public Administration (Roca Junyent); and 4. Business Develop and Financing (Inveniam).
Overall, we forecast that over 30M€ of additional investment into circular bioeconomy projects will be achieved because of the BIOBOOST project, representing over a 18x multiplier on EU investment."
Status
SIGNEDCall topic
HORIZON-CL6-2021-CIRCBIO-01-02Update Date
09-02-2023
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