Insights

The PROSPER consortium project has recently secured funding from the Circular Bio-based Europe Joint Undertaking (CBE JU). PROSPER aims to promote the recycling and sorting of bio-based plastics as part of the initiatives to boost a circular economy. As a result of successful collaboration with Spinverse, the project application secured the funding of 7.5M€ and received maximum scores in the evaluation process.

In 2023, 215.5 M€ is dedicated in advancing competitive circular bio-based industries in Europe, launched by the Circular Bio-based Industries Joint Undertaking (CBE JU), which is a massive €2 billion partnership between the European Union and the Bio-based Industries Consortium (BIC) under Horizon Europe. The 2023 Work Programme with 18 different call topics has been published.  

The Circular Bio-based Europe Joint Undertaking (CBE JU), the follower of the Bio-based Industries (BBI JU) partnership, is set to fund excellent collaborative projects and the first call for project proposals will open before the summer break 2022. The preliminary call topics indicate a wide range of growth opportunities for companies working in this sector. The search for strong partners to collaborate in consortium projects is already underway. Is your company considering joining this initiative?