In Belgium, following its first call for proposals, the Circular Bio-based Europe Joint Undertaking (CBE JU) has recently signed its first 21 grant agreements. A total of 293 beneficiaries from 27 countries across the EU and beyond will receive a total of €116 million in funding for the development of new bio-based products and materials, first-of-their-kind production facilities and innovative processes. 
The new projects will boost the competitiveness and increase the resilience of Europe’s bio-based economy by making use of the often-underutilised resources to produce consumer products and industrial solutions to replace fossil-based ones. This will reduce the EU’s reliance on strategic imports and create new value chains, business opportunities and green jobs, particularly in rural areas. Furthermore, the projects will support the achievement of the CBE JU Strategic Research and Innovation Agenda (SRIA) goals.