Seminar on €20m EU JTF Midlands Bioeconomy Initiative Scheme

Information Seminar on €20m Midlands Bioeconomy Initiative Scheme

Under the EU Just Transition Fund, the Midlands region will benefit from a €20m Bioeconomy Demonstration Initiative Scheme to invest in sustainable bioeconomy development.

The Department of Agriculture, Food & the Marine, and host partner The Cube in Portlaoise, will hold an information session regarding the scheme.

Date and time
- Tue, 4 Jul 2023 11:00 – 13:00 IST

Location
- The Cube Centre, Low Carbon Centre of Excellence 18 Church Street R32 TP89 Portlaoise
Register to attend
- The event is free, but places are limited – Register here

As Ireland moves towards a low-carbon economy, the Department of Agriculture, Food & the Marine will deliver the Bioeconomy Demonstration Initiative Scheme as part of the EU Just Transition Fund. Through this scheme, bioeconomy piloting and demonstration projects will be developed across the Midlands – scaling up biobased innovation and solutions, developing new green jobs, businesses and communities.

The fund will support the transition of the Just Transition Fund Territory to a sustainable and circular biobased region through funding of sustainable bioeconomy projects that are designed to have significant climate positive and regenerative impacts on local communities including our peatlands. The fund will be used to create a biobased local society and economy.

The Department of Agriculture, Food and the Marine intends to launch the Bioeconomy Demonstration Initiative Scheme in July 2023. Further information on details of the scheme and how to apply will be outlined at the event.

Bioeconomy Overview

Food systems occupy the biggest niche of the bioeconomy. In the European Union, for instance, food systems, including agriculture, forestry, fisheries and aquaculture, as well as food and feed manufacturing, account for 71% of all value added in a bioeconomy, followed by around 28% for biobased products, and the remainder for bioenergy.

EU JTF Managing Authority

EMRA was appointed the Managing Authority of this new EU fund in December 2021 by the Minister for Environment Climate and Communications. As the Managing Authority, EMRA will have overall responsibility for the implementation, management, monitoring and evaluation of the programme.

EMRA and the Department of the Environment, Climate and Communications are working closely with programme partners to prepare the implementation phase of the Programme and start delivering on its objectives. A formal launch of the Programme was held in April 2023. See EU Just Transition Fund for more details.

Event Partner – The CUBE

The Department of Agriculture, Food & the Marine has partnered with The CUBE, Portlaoise for this event.

The CUBE is a Midlands-based national centre of excellence focused on facilitating economic growth, innovation and education in the Low Carbon and Renewables industry.