BioVale is a partner in a new, £5 million project to develop the bioeconomy across Yorkshire, the Humber and the Tees Valley, led by the University of York. The project is part of a multi-million investment to drive university commercialisation across the country via Research England’s Connecting Capability Fund.
The University of York is the lead on a £5 million project to develop the bioeconomy across Yorkshire, the Humber region and the Tees Valley. The THYME project (Teesside, Hull and York – Mobilising Bioeconomy Knowledge Exchange) builds on the existing expertise and innovation in the region in a new collaboration between the Universities of York, Hull and Teesside. Those involved in the three year project say the funding will boost the region’s economy, create jobs and deliver major environmental benefits.
The bioeconomy uses renewable, biological resources such as plants and wastes to create the greener products of the future – reducing our reliance on fossil resources and minimising waste.
In partnership with regional industry, Local Enterprise Partnerships (LEPs) and the wider community, the THYME project (Teesside, Hull and York – Mobilising Bioeconomy Knowledge Exchange ) has three key themes:
- Transform: Produce high-value products from bio-based wastes and by-products
- Convert: Re-purpose industrial sites for bio-based manufacturing
- Grow: Increase productivity by reducing waste and energy use, adding value to by-products and developing better products using industrial biotechnology.
The project is being led by the University of York and will be delivered in partnership with the Biorenewables Development Centre (BDC) and BioVale.
Visit the THYME project website.