Thursday, May 8, 2014

New Strategic Advancement Plan for Finland: The Bio-economy

The Finnish government has just announced its new strategic plan to invest in thebio-economy. The goal of the Finnish government is to increase the yield of the bio-economy from the present €60 billion to €100 billion and to create 100,000 new bio-economy jobs by 2025. Impressive! The leading idea in the Finnish bio-economy strategy, is to create new economic growth and jobs through growth in business, and high value products and services, while securing the viability of natural ecosystems.

The four focal points of the Finnish strategy are:
1) creating a competitive operating environment for growth in the bio-economy,
2) creating new bio-economy business activities through risk financing, bold experiments, and transcending boundaries between different sectors,
3) upgrading the bio-economy knowledge base by developing education and research activities and
4) securing the availability of biomass, a functioning market for raw materials, and the sustainability of use.

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