BBI JU awards €106M in funds to 22 new projects

May 26, 2020 |

In Belgium, the Bio-based Industries Joint Undertaking (BBI JU) has signed grant agreements with the projects selected for funding under the 2019 Call for proposals. The 22 new projects will receive financial support worth €106 million and bring the total of BBI JU grants to 123. A total of 218 beneficiaries from 27 EU Member States and associated countries will take part in the projects.

By developing new bio-based products and increasing resource efficiency, the project consortia will reinforce the bio-based industries sector. Additionally, they will support the European economy in the upcoming years, as they will increase business opportunities and create jobs in both rural and urban areas. The new BBI JU projects will also contribute to reducing greenhouse emissions, thus showing a significant environmental impact. The newly signed projects cover the four strategic orientations defined by the Strategic and Innovation Research Agenda (SIRA).

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