Summary
2nd Bioeconomy Cluster Builder Webinar: Financing your project: Funding Vs Investment; understanding what is best for you.

Speaker: Dr Emma Fadlon, Knowledge Transfer Manager, Access to Finance and Funding, Knowledge Transfer Network. 

We are pleased to invite you to the next Bioeconomy Cluster Builder Webinar on financing your project. We aim to help you understand the financing landscape in Scotland, what options are available to you and which are most appropriate for you. If you are interested in commercialising your research or are an SME/Spinout looking at your next steps and wondering what the best avenue is for you to pursue, then please join us for this informative webinar.
You will learn some great tips from Dr Emma Fadlon, our resident expert at the KTN in Access to Funding, who will also be on hand to answer your questions at the end of the presentation.

Background
The UK bioeconomy is currently worth £220bn, contributing to over 5 million jobs. Scotland is regarded as a key contributor to this as a result of its strong industrial base and world leading academic institutes and infrastructures.

In 2019 the Scottish Government updated the National Plan for Industrial Biotechnology (IB) and the Biorefinery Roadmap which now provide an action plan and guide for the continued growth of the Scottish Bioeconomy.

The Project
The Industrial Biotechnology Innovation Centre (IBioIC), has teamed up with KTN in the Bioeconomy Cluster Builder, a 3-year project funded by the European Regional Development Fund (ERDF)  to deliver the targets of the National Plan for Industrial Biotechnology.

The Bioeconomy Cluster Builder (BCB) project will contribute to the delivery of the National Plan for Industrial Biotechnology in Scotland by working with companies to raise awareness of the applications of biotechnology and bio-based products. The project will evaluate the whole value chain and look to bring benefits to companies aiming to support NetZero, in the form of improved sustainability, increased efficiency and superior product performance.

For inquiries about the event and project please contact:
Dana.Heldt@ktn-uk.org - Knowledge Transfer Manager for Synthetic Biology, KTN
Russell.clarke@ibioic.com - Senior Business Engagement Manager, IBioIC

Notes
The total funding obtained for the Bioeconomy Cluster Builder through the European Regional Development Fund amounts to £289,736 excluding VAT. The Scottish Government is the Managing Authority for the European Structural Funds 2014-20 Programme. For further information visit their webpages or follow @scotgovESIF.

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