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An innovation cluster focused on the circular bioeconomy in Yorkshire Maggie Smallwood, CEO BioVale Ltd Rushlight 25 Sept 2017

An innovation cluster focused on the circular bioeconomy

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Page 1: An innovation cluster focused on the circular bioeconomy

An innovation cluster focused on the circular bioeconomy in Yorkshire

Maggie Smallwood, CEO BioVale Ltd Rushlight 25 Sept 2017

Page 2: An innovation cluster focused on the circular bioeconomy

What is BioVale?

Focus areas

Value from biowaste

Next generation biofuels and biorefineries

High value chemicals from plants and microbes

Agricultural technologies

BioVale is an innovation cluster that aims to establish Yorkshire and the Humber as an international centre for research and development in the circular bioeconomy

Page 3: An innovation cluster focused on the circular bioeconomy

What is the circular bioeconomy?

The bioeconomy

encompasses the

production of renewable

biological resources and

their conversion into food,

feed, chemicals, materials,

fuels and energy

Page 4: An innovation cluster focused on the circular bioeconomy

The bioeconomy is a global priority

Page 5: An innovation cluster focused on the circular bioeconomy

The bioeconomy is a UK priority

5

UK Industrial Strategy

UK Bioecono

my strategy

£220Bn Gross Value Added (GVA)

5.2 million jobs.

13.6% of total GVA

≈ combined value of the construction and financial services

UK ranked number one globally research and innovation for the bioeconomy

Page 6: An innovation cluster focused on the circular bioeconomy

Why Yorkshire & Humber?

world-class RD&D

innovative agriculture

bio-based industry

food,

chemicals

biofuel

energy

Y&H has a unique complement of bioeconomy assets

Page 7: An innovation cluster focused on the circular bioeconomy

What is BioVale?

SMEs (Brocklesby, Precision

Decisions, STC)

Big industry (Drax, AB Agri, Croda,

Farmers (NFU)

Investors

Knowledge base (UoY, Fera)

Policy makers (CYC, LEP)

The BioVale Innovation Cluster is the gateway to international bioeconomy

research and innovation partnerships, bio-based businesses, investment and

specialist facilities.

>150 members

Regular contact with 600 stakeholders

Page 8: An innovation cluster focused on the circular bioeconomy

What does BioVale do?

Page 9: An innovation cluster focused on the circular bioeconomy

Investors and innovation collaborators for BioVale cluster members

such as

Wilson Bio-Chemical – commercial scale process to produce bio-based ‘fibre’

from MSW as feedstock for fuel and chemicals backed by process guarantee

from Lloyds.

Vireol Industries - advanced biorefining to make biorenewable fuel and

chemicals using 2G technology with sustainable wastes and residues as

feedstock

Floreon - A patented bio-based compound that improves toughness and

delivers higher strength and durability for bio-based plastics

Sci-Green - Green extraction and purification techniques using clean solvents

- like water, carbon dioxide and ethanol – for the the pharmaceutical,

nutraceutical and cosmetic industries.

What connections is BioVale

seeking?

Page 10: An innovation cluster focused on the circular bioeconomy

Thriving business/academic/policy/investor network

Research and Innovation partnerships (£17.5m and growing)

Extensive international partnerships (EU, India, Vietnam, LA…)

Scale up facilities (BDC, BioPilotsUK, Biobase4SME)

Specialised business growth space

Skills including entrepreneurship training (Biobase4SME, pitchfest,

internships)

Deliver economic, environmental and societal impact

BioVale collaborator benefits

Page 12: An innovation cluster focused on the circular bioeconomy

Part of a project funded by the European Regional Development Fund (ERDF) and the Higher Education Funding Council for England (HEFCE).

Page 13: An innovation cluster focused on the circular bioeconomy

www.biovale.org