Bioeconomy Financing in Europe Analysis. Deliverable 2.4 of the ShapingBio project

This publication is a deliverable of the project ShapingBio, a HorizonEurope funded Coordination and Support Action. Its aims are to gain a deeper understanding of the EU bioeconomy innovation eco-system and to derive recommendations on which measures should be taken, by EU, Member States, and others to strengthen bioeconomy innovation systems. This deliverable presents a comprehensive analysis of bioeconomy financing in the European Union, emphasising on critical need for more adequate, accessible, and aligned funding mechanisms to support the bioeconomy across all stages of innovation development. The study draws from desk and data research, interviews and surveys with key stakeholders – both investors and companies – in the bioeconomy sector with extensive stakeholder input, highlighting the key challenges and opportunities in public and private financing for bioeconomy ventures. It leverages a range of public and private financing data to examine how current financial resources support research, development and investment (R&D&I) activities, scale-up, and commercialisation.