17.09.2013Successful launch of the Bio Base NWE Innovation Coupon scheme for European SMEs
Over the last few months, the Bio Base NWE consortium has granted its first Innovation Coupons worth 10.000€ each to European SME’s with an innovative bio-based idea. With this coupon, the SME can assess the feasibility of a new bio-based product or process. More Innovation Coupons are available, the call is open until March 31st, 2015.

The project Bio Base NWE is funded under the INTERREG IVB NWE framework and has the objective to support the development of the bio-based economy in North West Europe. One of the tools is the innovation coupon: SME’s can get financial support to demonstrate innovative biobased technologies at Bio Base Europe Pilot Plant, an independent, state-of–the-art demonstration facility in Ghent, Belgium.

Autodisplay Biotech (Germany), AgroSavfe (Belgium) and Eco Treasures (Belgium) are among the awarded companies. Autodisplay Biotech will use the coupon to assess the technical and economic feasibility of one specific biocatalyst process expressed in their proprietary Autodisplay technology, a bacterial surface display technology which in addition to biocatalytic applications can also be used for screenings and the functionalisation of solid surfaces. AgroSavfe wants to evaluate filtration as a method to purify their proprietary agrobodies. Eco Treasures will work on a challenging concentration of a water extract of a specific seed.

Autodisplay Biotech CEO Dr. Ruth Maas said: "We are very happy to have been granted the Innovation Coupon. Gaining access to the facilities and expertise of Bio Base Europe Pilot Plant will significantly speed up the development of our internal product pipeline."

Marnix Peferoen, CEO of AgroSavfe, stated: “The Innovation Coupon is an important support and incentive to evaluate the expertise of Bio Base Europe Pilot Plant for the large scale production of agrobodies, as required for our research and product development.”

Eco Treasures CEO Ir. Kris Schatteman states: “This extraction process is a new opportunity for our company and the concentration of the water extract maintaining bio-activity of the extract is a critical step in this new process.”

More Innovation Coupons are available, the call is open until March 31st, 2015.
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