Bio-Based Industries Joint Undertaking

the bio-based industries joint undertaking (bbi ju) is a € 3.7 billion public-private partnership between the european union (eu) and the bio-based industries consortium (bic). it is an autonomous eu body operating under horizon 2020 rules and procedures, dedicated to investing in research and innovation projects. bio-based industries and their value chains are faced with complex and substantial technology and innovation challenges. bbi ju was created to act as a catalyst to tackle these challenges by de-risking investments for private research and innovation, structuring the sector to allow it to reach critical mass in a focused and coherent way. this will enable long-term stability and predictability for the sector. the bbi ju initiative is about connecting key sectors, creating new value chains and producing a range of innovative bio-based products to ultimately create a new bio-based community and economy. bbi ju organises yearly calls for proposals to support research, demonstrati