Providing food, textiles, and energy among others, bioeconomy is a key aspect of our lives. Since the circular bioeconomy sector is still developing, building international circular bioeconomy value chains could become a determining success factor. Establishing such transnational circular bioeconomy value chains is often problematic, as, due to their cross-regional nature, the smaller companies serving a local market do not know each other.
There is a lack of awareness of funding within the Alpine region and the measurement of the impact of regional or entrepreneurial investments into the circular bioeconomy value chain. INNOBIOVC will build on solutions developed by the two Interreg Alpine Space projects ARDIA-NET and AlpLinkBioEco. Based upon the outputs of these projects, INNOBIOVC will create a new tool that allows partners to find out about funding opportunities, best partners, and to measure sustainability gains of circular products. That way the project will help companies to jointly develop new circular products.
- 2021 – 2027
- Carbon neutral and resource sensitive Alpine region
- SO 2.2 - Promoting the transition to a circular and resource efficient economy
- AG1 Research & innovation
- AG2 Economic development
- AG9 Energy efficiency and renewable energy
- 548.175 EUR
- 390.506 EUR
Sustainability Assessment Tool as new approach availableThe Sustainability Assessement Tool is fully developed and prototypically tested. A description how to use is available that allow PP and interested parties, e. g. future applicants of the IEC, to use it to measure and demonstrate sustainability gains resulting for certain investments in circular bioeconomy products (firm-level) and VC (cross-regional level)
VCG rolled-out in PP regions and used by interested partiesVCG rolled-out in PP regions and used by interested parties. The use of VCG leads to the identification of 6 new, cross-regional VC. Based on the information gathered the key actors, main bottlenecks and contraints are known and documented,
Solutions for VC development identifiedBased on the bottlenecks and constraints identified before, solutions how to best develop the 6 VC identified by the VCG are identified. The solutions consider different levels, like company level, (cross)-regional level and framework conditions to be considered
Embed VCG and SAT to be available for IEC applicantsAt least 20 applicants apply for the IEC and used VCG for partner matching and the Sustainabilty Assessment Tool for preparing their applications.