It has a total budget of 3,700 million € for the period 2014-2020 (975 million € of EU fund and 2,700 million € of private investment). Operating under Horizon 2020, it is driven by the Vision and Strategic Innovation and Research Agenda (SIRA) developed by the industry.
The BBI´s objective is to implement a program of research and innovation activities in Europe that will assess the availability of renewable biological resources that can be used for the production of bio-based materials, and support the establishment of sustainable bio-based value chains. A strong European bio-based industrial sector will significantly reduce Europe’s dependency on fossil-based products, help the EU meet climate change targets, and lead to greener and more environmentally friendly growth.
Proposals should specifically demonstrate the benefits versus the state-of-art and existing technologies. The Technology Readyness Level (TRL) at the beginning of these projects should be set around 5. Proposals should clearly state the starting TRL. The proposed work should enable the technology to achieve TRL 8 within the timeframe of the project.
BBI JU’s Governing Board (GB) has overall responsibility for the strategic orientation and the operations of the BBI JU and shall supervise the implementation of its activities. The GB is composed of 5 representatives of the European Commission and 5 representatives of BIC (see Figure 1).
The Executive Director is the chief executive responsible for the day-by-day management of the BBI JU
The States Representatives Group is an advisory body of the BBI J U. It will mainly review information and provide opinions on the following matters:
- Programme progress in the BBI Joint Undertaking and achievement of its targets;
- Updating of strategic orientation;
- Links to the Horizon 2020 Framework Programme;
- Annual work plans;
- Involvement of SMEs.
The Scientific Committee is an advisory body of the BBI JU established in accordance with BBI JU Regulation. It assists the BBI JU in providing scientific advice on the areas of work undertaken by the BBI JU.
The GB is planning to hold four ordinary meetings (every quarter) during 2017. In addition, BBI JU sends monthly report and quarterly monitoring reports to keep a continuous information loop.
For further information about the BBI JU, please visit the following link: http://www.bbi-europe.eu.