Vertical together with its industrial partners, VTT driven Synbio Powerhouse and Business Finland calls for new members to join the SynBio Growth Engine, a cooperative network for corporations, startups, research institutes, and investors to explore, develop and utilize cross-industry value chains and exceed their goals in sustainability and business.
Our current economical and industrial structures need to change and embrace sustainable and circular practices. An increasing number of companies are looking for alternative manufacturing and value chain solutions and shifting towards a circular economy through biological production.
The SynBio Growth Engine, a new service provided by Synbio Powerhouse and operated by Vertical, is the platform enabling this industry shift. The SynBio Growth Engine is a cooperation network facilitating innovation projects from the early-stage to the pre-commercial stage. We are now open for new members to join the preparatory phase and influence our service offering ahead of the Growth Engine launch in early 2021.
Who and Why Should Join Us?
What is Synthetic Biology and How Does It Enable the Bioeconomy?
The synthetic biology is an advanced form of biotechnology, characterized by programming living cells to produce desirable high-value products or perform useful functions with minimal resource requirements and environmental impact.
Over the last few years, synthetic biology has been increasingly applied to transition industries towards the circular bioeconomy. This involves using synthetic biology solutions in manufacturing, scaling production to biorefineries, and optimizing cell-based technologies through computation and predictive modeling. Due to these possibilities, the synthetic biology market has a predicted value of USD 19.8 billion by 2025.
Which Industries Does the Growth Engine Focus On?
During the last quarter of 2020, overarching themes of the Growth Engine included chemicals and fuels (CO2 & H2 based and microbial processes), textiles and materials (raw materials and performance properties), data (AI & predictions and machine learning), and sustainability (waste management and sidestream utilization). However, the list of focus areas is still expanding.
Co-develop your solution with the disruptive sustainability network
The SynBio Growth Engine has a unique service portfolio and a growing industry network. The Growth Engine supports members to identify new opportunities across industry barriers and customizes synthetic biology strategies for different industry requirements. Our service offering includes support for businesses in networking, R&D activities, and in realizing market-ready synthetic biology solutions over the course of a 10 year period.
Through its services, the Growth Engine will place each member as a forerunner in building a synthetic biology business ecosystem. Further, the cooperation network is driven by its members for its members. This means that members are able to co-develop the Growth Engine services and help build the platform to best serve their needs.