AXEB Biotech takes part in EU Horizon 2020

The ‘circular economy’ is based on utilising waste streams as feedstock for new businesses, such as energy and biopharma; or replacing mineral specialized fertilizers with nutrients extracted from agricultural wastes.

AgroCycle takes a full systems approach, from farm right through to the consumer and beyond into the bio-energy and bio-processing industries; utilising these agri-food waste streams as feedstock for high value added bio-products such as biopolymers, nutraceuticals, pharmaceuticals, and biochemical.

AgroCycle is a Sino-EU collaborative research venture, with 26 partners from across the EU, China and Hong Kong. The project is funded by the European Commission under its Horizon 2020 programme (€7 million).

The project takes a holistic approach to understanding and addressing how to make best use of the full range of waste streams associated with the agri-food industry. It will deliver the AgroCycle Protocol, a blueprint for achieving sustainable agri-food waste valorisation.

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

By coupling research and innovation, Horizon 2020 is helping to achieve this with its emphasis on excellent science, industrial leadership and tackling societal challenges. The goal is to ensure Europe produces world-class science, removes barriers to innovation and makes it easier for the public and private sectors to work together in delivering innovation.

With additional funding (€1 million) from the Governments of the Peoples’ Republic of China and Hong Kong. The project will deliver a protocol for the implementation of the ‘circular economy’ within the agri-food sector. It will contribute to setting policy direction at EU level, and envisages significant global impact.

The AgroCycle kick-off meeting, held in Dublin during the 22th and 24th of June in 2016, where the team of AXEB particited.

For further details about the project Agrocyle, check the following link www.agrocycle.eu

If you want to know all the projects that AXEB is doing nowadays, as well as the ones it has done previously, visit the following link to our R&D trajectory.