Factsheet: Joint technology initiative for bio-based industries (BBI-JTI)

Joint technology initiative for bio-based industries (BBI-JTI)

Key Information

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Description: 
The Bio-based Industries Initiative is a Public-Private Partnership (PPP) between the European Commission and the Bio-based Industries Consortium (BIC). The Consortium currently brings together more than 60 European large and small companies, clusters and organisations across technology, industry, agriculture and forestry. They have all committed to invest in collaborative research, development and demonstration of bio-based technologies within the PPP. It will include €3.8 billion investments in bio-based innovation from 2014-2020 (Horizon2020): €1 billion of EU funds and €2.8 billion of private investments.
Goal/Aim: 
Stimulate biobased initiatives.

Sector/Topic targeted:

Status: