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This is new compared to the previous R&I framework programmes of the EU. The general objective is to support innovation all across Europe, and in all dimensions and forms, including through complementary EU and national and regional policies (via effective synergies with ERDF and smart specialisation strategies) and resources, whenever possible.
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The starting point of this initiative is to reduce the current fragmentation of innovation ecosystems all over Europe. Consequently this initiative provides for renewed and reinforced coordination and cooperation mechanisms with Member states and associated countries but private initiatives can also be included.
With an ecosystem they are looking at the broader sense of the word so it not just about innovative people but also about infrastructure and processes. The end goal is to create a flow of information, resources, knowledge and talent within the ecosystem which should lead to sustained co-creation and breakthrough innovations in the longer run.
A total budget of 500 million EUR is foreseen for this part of the third pillar.
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Bio Base Europe Pilot Plant coordinated the Glaukos project, which answered the call topic published in 2019 of Horizon 2020 Framework Programme ‘Develop bio-based fibres and/or functional molecules to improve the performance of textile products’ under the Framework of the Bio-based Industries Joint Undertaking (BBI JU). The consortium partners took up this challenge by valorising industrial side streams and setting up a circular approach to the textile industry.