Cross border value streams from nature – valuable natural products from industrial side streams for natural cosmetic, food and beverage industry (ValueStreams)

A considerable amount of work is done to develop utilization of biomass processing side streams especially in forest industry. The R&D efforts have mainly focused on bulk products (bulk in quantity), that would be manufactured by large industrial enterprises able to cover costs of R&D work. There is less research on high-value products especially in the field of emerging trends. These could be success products also to SMEs and even to small rural SMEs on condition they receive adequate support for their product development. Success of SMEs would contribute to the creation of new jobs and increase the attractiveness of life in small settlements also for young people.

Product development, quality control, marketing, identifying of distribution networks and legislation require various knowledge, skills and, in the case of laboratory work, facilities that can be accessed only by networking and collaborating with several actors. The aim of this project is to create an application for a larger scale project to provide an expert and technological support to companies to enable them to progress ideas of their own, and to help them find collaborators with similar interests in the Baltic Sea Region.

 

Title Cross border value streams from nature – valuable natural products from industrial side streams for natural cosmetic, food and beverage industry
Abbreviation ValueStreams
Lead partner University of Oulu (Finland)
Project number S038
Programme

Interreg Baltic Sea Region 2014-2020 (Seed Money project)

Partners
  1. University of Oulu (Finland)
  2. Federal State Budgetary Educational Institution of Higher Education "Northern State Medical University” of the Ministry of Healthcare of the Russian Federation (Russian Federation)
  3. Vidzeme Planning Region (Latvia)
Objective

To establish a cross-border network, which will identify the opportunities regarding the companies and research institutions operating in the bioeconomy food and cosmetic sectors to develop new, high-quality natural products while focusing on the processing potential of existing by-products.

Prepare an application for a larger scale project.
Activities
  1. Elaboration of the state of play analysis, creating a network among all relevant stakeholders and exchange of good practices.
  2. Experience and knowledge sharing activities between project partners to identify common gaps, problems and good practices between Baltic Sea Region countries (workshops, discussions, interregional meetings).
  3. Elaborate a report (project application) on funding possibilities
Results
  1. The institutional capacity of the organizations involved in the project and skills needed for working with the entrepreneurs and scientific institutions in the field of bioeconomy have been strengthened.
  2. Transfer of knowledge and good practice is ensured.
  3. Partnerships of transnational bioeconomy companies and business-research institutions have been established to encourage the development of new products in the Baltic Sea region.
  4. A roadmap for the consortium for the development of the main project.
Budget
Total budget – 50 000 EUR
Vidzeme Planning Region – 16 000 EUR
Implementation period 01.10.2020 – 30.09.2021
Contact person

Irīna Kulitāne

Mobile +371 29131859

E-mail: irina.kulitane@konso.lv

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