Bio-based Industries Joint Undertaking (BBI JU)

The Bio-based Industries Joint Undertaking (BBI JU) is a €3.7 billion public-private partnership between the European Union and the Bio-based Industries Consortium (BIC). BBI JU aims at bridging the gap between bio-based innovations and the market, stimulating research & innovation in Europe and integrating economic actors along the whole value chain in the bio-based industries sector. This EU body works to de-risk investments, organise the sector by spurring collaborations, and reach a critical mass to address the strategic challenges of creating a sustainable and flourishing bioeconomy, thus enhancing European competitiveness on a global scale.