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  2. TUM Global News

Global Bioeconomy Alliance: Highly endowed funding for innovative bioeconomy projects from 2025 onwards

TUM Global, News | 11.11.2024

In October, the Global Bioeconomy Alliance (GBA) held its annual “Key Technologies in the Bioeconomy” conference, this time organized by the Universidade Estadual Paulista (UNESP). With a significant announcement, the Alliance in Brazil sent an important signal for the future: Starting in 2025, a prize of 100,000 euros will be awarded annually for the promotion of groundbreaking projects in bioeconomy, initially for a period of three years.

Prof. Sieber kicked off the conference with a warm welcome address. Image: Jamie Snow / TUM
Group picture of the conference participants
The participants of the Global Bioeconomy Alliance Conference in São Paulo. Image: UNESP

Twenty representatives from TUM traveled to the GBA conference in São Paulo, including Professor Volker Sieber, Rector of the TUM Campus Straubing. In addition, more than 60 representatives from TUM's strategic partners participated in the conference. Other participants came from industry and funding organizations such as Fraunhofer, the Novo Nordisk Foundation, Volkswagen, and Thyssen Krupp South America. Christian Patermann, the former Research Director of the European Union, delivered the keynote speech.

New award to boost bioeconomic projects

A highlight of the conference was the presentation of the new GBA Award, which the Novo Nordisk Foundation will sponsor for the next three years. From 2025 to 2027, an annual grant of €100,000, along with a personal prize of €15,000, will be awarded to outstanding projects in the field of bioeconomy. The goal of the award is to promote decarbonization technologies, support new biotechnological solutions, and drive political changes that advance the bioeconomy. The program also aims to strengthen international exchange on bioeconomic solutions.
 

“The GBA Board is grateful to Novo Nordisk for sponsoring this new GBA Award. We see this as a great opportunity to encourage innovative work related to the bioeconomy, and to strengthen our Global Bioeconomy Alliance.” – Prof. Volker Sieber, Rector TUM Campus Straubing


Save the date: GBA Conference 2025 in Denmark
The next conference will take place in fall 2025 at DTU near Copenhagen. Details will follow in the coming months.

The Global Bioeconomy Alliance

The Global Bioeconomy Alliance was founded in 2018 through a collaboration between TUM, UNESP, and UQ. The goal of the alliance was and still is to discuss key issues of a bio-based industry in research and education at a global level and to develop and implement joint initiatives to promote the bioeconomy. In September 2023, DTU joined the alliance as its fourth member. More

More about the partnerships of TUM

More about the TUM Global South Initiative

 


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