{"id":145052,"date":"2024-06-04T07:26:00","date_gmt":"2024-06-04T05:26:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=145052"},"modified":"2024-05-28T13:31:45","modified_gmt":"2024-05-28T11:31:45","slug":"31-new-projects-to-receive-e215-million-in-cbe-ju-funding","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/31-new-projects-to-receive-e215-million-in-cbe-ju-funding\/","title":{"rendered":"31 new projects to receive \u20ac215 million in CBE JU funding\u00a0"},"content":{"rendered":"\n\n
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\"SWEETWOODS
SWEETWOODS biorefinery – \u00a9Fibenol<\/figcaption><\/figure><\/div>\n\n\n

CBE JU has signed 31 grant agreements with project teams selected in the 2023 calls. 396 beneficiaries from 34 countries across the EU and beyond will receive nearly \u20ac215\u202fmillion in funding to advance competitive circular bio-based industries in Europe, as well as develop new circular and sustainable products and solutions for the market. <\/strong><\/p>\n\n\n\n

The new projects will support the achievement of the CBE JU\u00a0Strategic Research and Innovation Agenda (SRIA)<\/a> objectives, with the ultimate goal of boosting the competitiveness and increasing the resilience of Europe\u2019s bio-based economy. These projects will develop innovative circular and sustainable bio-based consumer products and industrial solutions to replace the fossil-based ones. This will reduce the EU\u2019s reliance on strategic imports and create new value chains, business opportunities and green jobs, particularly in rural areas. \u00a0<\/p>\n\n\n\n

Once again, SME participation in CBE JU grants is strong, reaching one-quarter of all beneficiaries. Research organisations represent 37% of all beneficiaries, showing the bio-based sector\u2019s strong collaborations between industry and research partners.<\/p>\n\n\n\n

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After the signature of the new grant agreements, the CBE JU Executive Director Nicol\u00f3 Giacomuzzi-Moore<\/strong> said: \u2018The high innovation value and management quality of the projects selected for funding demonstrates the excellence and global leadership of the European bio-based sector. The CBE JU\u2019s portfolio has now grown to 192 projects, with over \u20ac1 billion total investments made, and attracting more than three times the amount in private investments. Congratulations to the project teams on starting their respective missions, and I am very much looking forward to the first results.\u2019<\/p>\n<\/blockquote>\n\n\n\n

Ground-breaking production at various scales<\/h3>\n\n\n\n

The projects are split into four types of actions, which encompass activities tasks ranging from the establishment of ground-breaking production facilities to the development of education, coordination and support systems.<\/p>\n\n\n\n