BioRefineries Blog

Versión en Español Type of post: FUNDING OPPORTUNITY.  The E uropean Commission launches the second call for projects under the Innovation Fund , one of the world’s largest funding programmes for the deployment of innovative low-carbon technologies. The new call makes available an overall grant funding of 100 M€ for small-scale projects. Press release: “ Second Innovation Fund call for projects: Commission to invest €100 million in innovative small-scale clean technologies ”, 01/12/2020.   Figure 1. The EC to invest 100 M€ in innovative small-scale clean technologies (taken from the innovation fund website)  Key data - Grant funding of 100 M€ for small-scale projects, with a capital expenditure between €2.5 and 7.5 million. - Sectors: renewable energy, energy-intensive industries and substitute products, energy storage, and carbon capture, use and storage. - Strong focus on innovation, aiming to encourage pioneer customers. For example, a supplier of an innovative techn...

Versión en Español Type of post: NEWS IN BRIEF.  The European Circular Bioeconomy Fund (ECBF), first venture fund exclusively dedicated to the bioeconomy and the circular bioeconomy in Europe, is ready to invest in Europe's transition to a more sustainable economy.  Press release: “ New European Circular Bioeconomy Fund is ready to invest in Europe's transition to a more sustainable economy ”, 1/10/2020.  Related posts: “ New European fund to provide access to finance to innovative circular bioeconomy companies ”, 4/12/2019.  Figure 1. The European Circular Bioeconomy Fund starts operation with 82 M€   With a target size of 250 M€, to which the European Investment Bank (EIB) has committed 100 M€, ECBF will be an important financial instrument in achieving the European Green Deal goals of making Europe climate neutral by 2050. ECBF starts operation with 82 M€ from its cornerstone investor EIB and three private investors: PreZero International GmbH (which o...

Versión en Español Type of post: NEWS. The European Commission (EC) and the European Investment Bank (EIB) have announced the selection of an investment advisor to set up and manage the European Circular Bioeconomy Fund (ECBF). The fund aims to provide financing for innovative circular bioeconomy companies and projects in the EU and in countries associated with the Horizon 2020 programme. Press release: “ A European fund to support the circular bioeconomy ”, 29/11/2019. Figure 1. ECBF focused strategy targets: five transformational investment fields The selected investment advisor is ECBF Management GmbH and Hauck & Aufhäuser Fund Services S.A. will act as the Alternative Investment Fund Manager. The new fund will provide access to finance (in the form of equity, debt or quasi-equity) to innovative circular bioeconomy companies and projects of various sizes. ECBF Management will raise funds from public and private investors with a target fund volume of 250 ...

Versión en Español Type of post: NEWS IN BRIEF. The US Department of Agriculture (USDA) Rural Development is accepting applications for loan guarantees to support the commercial-scale development of biofuels based on renewable feedstocks. Press release: “ USDA is Seeking Applications for Funding to Support Commercial Biorefineries ”, 15/10/2019. Figure 1. USDA Rural Development is seeking applications for funding to support commercial biorefineries The Biorefinery, Renewable Chemical, and Biobased Products Manufacturing Assistance Program provides loan guarantees of up to 250 M$ to help develop, construct, or retrofit commercial-scale biorefineries and to develop renewable chemicals and biobased product manufacturing facilities. Funding provided through this program is intended to diversify markets for agricultural and forestry products and agricultural waste material; create jobs and enhance the rural economy; increase the energy independence of the United States;...