The PRIMED project, dedicated to unlocking the vast potential of underutilized biomass resources from primary sectors, has been officially launched. Supported by the European Union’s Horizon Europe Program, and involving a consortium of 12 partners from Belgium, Finland, Germany, Ireland, Italy, Norway, Spain, and Portugal, it will develop diverse fair value chains to convert underutilized biomass resources into value-added bio-based products via advanced biorefineries.
Project Details and Objectives
- To support the Common Agricultural Policy (CAP) and the bioeconomy strategy of the EU and in the context of the Horizon Europe call “Business models that balance the share of power and profit in the bioeconomy” (HORIZON-CL6-2023-CircBio-01-9), the European Union has awarded PRIMED Consortium a €4 million grant for the R&D to develop and test innovative Circular Business Models (CBM) in the bioeconomy.
- The project involves primary producers and end-users through bioeconomy Living Labs in five countries to showcase and test these models for three years (2024 to 2026). Aiming for broad impact, PRIMED also plans to develop an open-access digital toolbox to facilitate collaboration among European stakeholders.
- PRIMED will co-create innovative Circular Business Models (CBM) in the bioeconomy with a multi-actor approach, integrating primary producers into novel bioeconomy value chains. This effort seeks to boost primary production, reduce costs, and contribute to European industrial sustainability, competitiveness, and resource independence. The project additionally aspires to restore the environment, create green jobs, and build resilience in rural economies.
Company Details
- Industry
- Research Services
- NAICS
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Scientific Research and Development ServicesResearch and Development in the Physical, Engineering, and Life SciencesResearch and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- Website
- http://primed-project.eu
Primed Project Questions
Primed Project's website is http://primed-project.eu
Primed Project's LinkedIn profile is https://www.linkedin.com/company/primed-project
Primed Project's industry is
Research Services
Primed Project's categories are Research Services
