The Bio-based Industries Joint Undertaking (BBI Joint Undertaking) is a €3.7 billion public-private partnership between the EU and the Bio-based Industries Consortium (BIC).
The BBI Joint Undertaking industry-led research funding programme aims to:
Their role includes:
The BBI Joint Undertaking implements the Strategic Innovation and Research Agenda (SIRA).
It brings together key stakeholders from relevant industries, including business, academic institutions, regional innovation clusters and tech clusters to generate private investment.
Through the European Commission's Horizon 2020 programme, the the BBI Joint Undertaking publishes calls for project proposals in the field of biotechnology.
The projects funded by the programme should generate:
80% of these jobs will be in underdeveloped rural areas.