Biobased Funding Pours in From the EU

Coupling research with innovation, these programmes aim to encourage the public and private sectors to work together to break down barriers to success, allowing more projects to get off the ground more rapidly and achieve results quicker, thus creating a thriving research community with a direct channel to credible investors.

One such initiative is Horizon 2020, which kicked off in January 2014. Forming the financial aspect of the EU Innovation Union, Horizon 2020’s aim is to create an innovation-friendly environment that makes it easier for ideas to be turned into products and services that will bring growth and jobs to the economy of the EU member states.

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