Project aims to improve interaction in the field of biotechnology and circular economy.

Business in Biotechnology and Circular Economy (BBC1) project aims to improve interaction in the field of biotechnology and circular economy to reach future challenges and to find solutions to common problems in cross-border regions. BBC1 -project focuses on economic development and supports businesses to find new viable business opportunities and models to be utilized in the field of biotechnology and circular economy. The project is administered by Miksei Mikkeli and partnered by South Eastern Finland University of Applied Sciences (Xamk), ITMO University, Russia and the Association for Environmental Partnership (AsEP), Russia. The project is funded by the European Union, the Russian Federation and the Republic of Finland.


Facts

The main goal of the project is to improve cross-border cooperation in biotechnology and circular economy. The specific objectives of the project are:

1. To improve sustainable economic growth of cross-border region by supporting entrepreneurship and business cooperation in biotechnology and circular economy.

2. To improve cooperation between the companies in the field of biotechnology and circular economy (Russia-Finland).

3. To increase the level of knowledge of entrepreneurship and ability for new business establishment & commercialization of the scientific research results.

4. To improve the competences and competitiveness of Finnish and Russian companies in biotechnology and circular economy to succeed in the cross-border market.


MAIN ACTIVITIES / South Eastern Finland University of Applied Sciences (Xamk)

The creation of cross-border education concept in the field of biotechnology and circular economy by

-improving commercialization of the scientific research results.

-accelerating new business plans, spin offs and startups to be established.

-improving the competences of companies to operate in international markets.

-increasing cooperation between universities and companies.

-arranging an open competition amongst students and researchers to find new innovative ideas in biotechnology and circular economy -> supporting these ideas further with the accelerator programme to the finalists of the competition.

 

Official web page of the project: www.biocircularbusiness.com

 

Higher education and research cooperation with Russia has been freezed since March 4th 2002, according to the recommendation by Ministry of Education and Culture. Ongoing RDI projects can continue without partners from Russia or Belarus.

More information

Lead partner
Saija Tillgren, project manager
050 387 2691
saija.tillgren(a)mikseimikkeli.fi

Anna-Maija Torniainen
project manager
040 628 0901
anna-maija.torniainen(at)xamk.fi

Facts

Business in Biotechnology and Circular Economy (BBC1)

1 September 2019 – 28 February 2022

Project partners

Lead partner: Mikkeli Development Miksei Ltd

Partners: South-Eastern Finland University of Applied Sciences (Xamk), Federal State Autonomous Educational Institution of Higher Education "Saint Petersburg National Research University of Information Technologies, Mechanics and Optics" (ITMO University) and the Association for Environmental Partnership (AsEP)

Focus areas: Digital economy

Budget

Total budget: € 924 261

XAMK part of the total budget: € 197 252

Financiers and main source of funding: The project is co-funded by the European Union.