June 26, 2022


NEW funding has been manufactured out there by the Industrial Biotechnology Innovation Centre (IBioIC) to assist increase Scotland’s bioeconomy.

With the latest tranche of its innovation fund now open up for proposals, awards of up to £100,000 will be created to assistance collaborative tasks.

The aim is on projects delivering measurable financial, societal or environmental affect, employing industrial biotechnology procedures to create new procedures and resources.

Investigation groups have to contain associates from equally academia and market, and reveal a obvious route to marketplace for the systems and solutions staying developed.

Scientists at work, with one holding a beaker, in a lab.
IBioIC will make up to £100k of awards obtainable to aid collaborative initiatives that can produce measurable economic, societal or environmental effect.

Revealed in March, the Scottish Government’s National Approach for Economic Transformation highlighted industrial biotechnology as a critical sector for decarbonisation and the transition to net zero, with possibilities for Scotland to come to be a globe leader.

The current get in touch with for initiatives is the sixth time IBioIC has awarded funding by its flagship Innovation Fund.

Initiatives that have secured funding beforehand contain a huge selection of industrial biotechnology apps – from very low-carbon development resources created from microbes to  lithium-ion batteries derived from seaweed.

IBioIC stated that whilst any location of industrial biotechnology will be viewed as for funding, it is particularly intrigued to hear from projects centered on agriculture and foods and drink for this newest round.

Teams have until eventually 1st September to submit proposals, with initiatives predicted to start out in early 2023.

To day, the innovation centre has supported more than 200 organizations to provide new bio-primarily based procedures and products to the global sector.

This has generated more field investment decision of nearly £30m and contributing to additional than 3,000 higher-worth environmentally friendly careers.

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Liz Fletcher, director of business engagement at IBioIC, said: “Industrial biotechnology gives a much more sustainable way to produce a huge array of goods and procedures, using bio-dependent raw elements mixed with scientific knowledge as an alternative to fossil fuels.

“Scotland has an chance to develop into a leader in the biotechnology discipline – particuarly as we changeover to web zero – and our position as an innovation centre is to assistance providers to consider concepts and strategies to the upcoming phase of turning into truth. 

“Collaboration is central to the expansion of the bioeconomy and effective jobs in this funding phone will benefit from accessibility to facilities, additional aid, and small business growth guidance, alongside the precious money investment.

“IBioIC’s network spans numerous various sectors significant to Scotland’s overall economy and we hope to see a wide assortment of potential apps of industrial biotechnology mirrored in the purposes we get.”