A total of €3.7 billion will be invested in bio-based innovations over 2014-2020.
- EU contribution (Horizon 2020): €975 million
- Bio-based Industries Consortium: €2.7 billion (of which €1.8 billion will be dedicated to additional activities such as Flagship projects).
Being a emerging industry, it will be important to use this PPP to leverage capital markets and additional private and public funds (e.g. synergies with EU Structural Funds) to top up existing public and private commitments.