Bio- and Circular economy strategy and actions. Jarmo Heinonen

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1 Bio- and Circular economy strategy and actions Jarmo Heinonen

2 INTERNATIONAL GROWTH OUR MISSION IS GROWTH, RENEWAL AND SUCCESS Promoting Innovation Promoting Exports Attracting investments and travelers BEST ECOSYSTEMS IN THE WORLD Tools Research and innovation funding Guidance and coaching Networking and contacts Expertise and vision of our domestic and international networks Theme choices and programs

3 THEMES AND GOALS Towards common innovation, invest and export propomotion services* Cross-cutting Digital transformation Developing markets New value creation Arctic Bio and circular economy Cleantech Digital Consumer business Travel High value-add, sustainable solutions to meet global demand Clean comprehensive solutions and being the forerunner Harnessing our techological vision for global markets Finland to join growing consumer business New business and growing exports with digital leap Health and wellbeing Growing individualized health business and attractive ecosystems *Situation 02/2018 3

4 BUSINESS FINLAND S GLOBAL NETWORK 40 locations globally and 20 in Finland Silicon Valley Stamford Washington DC Mexico City Lima Rio de Janeiro Sao Paolo Santiago de Chile Helsinkiy Stockholm Oslo Copenhagen St. Petersburg Moscow Warsaw Brussels London Munich Vienna Bucharest Madrid Istanbul Lagos Abuja Nairobi Johannesburg Almati New Delhi Dubai Ryiadh Ho Chi Minh Kuala Lumpur Jakarta Beijing Shanghai Taipei Guangzhou Seoul Tokyo

5 Bioeconomy s significance for Finland Output 64bn Share of employment 11% Finland seeks to increase its bioeconomy output to 100bn euros by 2025 and to create 100,000 new jobs in the process. Bioeconomy combines wood processing, chemistry, energy, construction, technology, food and health. Share of exports 26% Forest based bioeconomy accounts for 2/3 of the turnover

6 Defining Bioeconomy, Circular Economy and Cleantech USE OF BIOMASS BASED RESOURCES SOLUTIONS FOR ENVIRONMENTAL CHALLENGES CREATING SUSTAINABLE ADDED VALUE FOR RECOURCES AND LIFECYCLE Bioeconomy Cleantech Circular Economy

7 Bioeconomy, Circular Economy and Cleantech Focus Areas Safe and Healthy Food Innovative Bio- and Multi-life Products Blue Growth Smart and Flexible Manufacturing Smart Energy Intelligent and Efficient Buildings Smart Low Carbon Mobility and Logistics Food from Finland Widening scope For horizon 2-3 Bionets Innovative Bioproducts New business from Circular economy Arctic sea & Maritime & offshore industry Sampo- Produced in Finland Smart Energy W2E, Bio, RES, Smart Grids Batteries from Finland Smart Buildings Sustainable cities Smart transportation Led by ICT&Digi Agrotechnology Wood from Finland Mining by GTK Water by FWF Cleanweb Winter Sports 2020

8 Bioeconomy and Cleantech Programmes in the period of Smart Energy Meur Bionets Meur

9 Innovation Funding for Bioeconomy Projects BIOECONOMY 565 Funded projects 304 Funded Companies 55 Meur annually 6 Bioeconomy Programmes

10 Bioeconomy and Cleantech - Business Finland Funding for Start-Ups During last three years all together 120 companies Investments BF Funding 100 Meur 45 Meur

11 Bioeconomy & Circular Economy Growth Programs Agrotechnology from Finland since companies, markets e.g. Poland, Belarus, Kazakhstan, Iran, Bulgaria Innovative bioproducts since H1+H2 20+ companies, a lot of start ups, new value added products Supporting companies with export, to get growth capital and investments in Finland In close co-operation with BioNets H3 Food from Finland since in 2H2018 H1+H2+H3 130 members, covers almost all the export of food industry Fairs really important tool, companies pay typically 50% of the costs related to fairs Wood from Finland since saw mills, representing more than 50% of the total Finnish sawn mill capacity Main target market china, new markets and applications in china 2019 no funding by Business Finland, Saw mills continue in China 4/26/2018 Finpro 11

12 Bionets Innovative Bioproducts 01/2018 DM

13 Five new ecosystems aiming at international business have started Telaketju textile ecosystem where large scale companies, SME s and research organisations co-operate. New cellulose and fibre products Lignin ecosystem Nutrient recycling Packaging valley Ecosystem includes all relevant actors from raw material producers to technology companies, end users and customers.

14 Breakthrough in nutrient recycling -ecosystem Goal: To accomplish the breakthrough in nutrient recycling and to create new Finnish business for international markets Business spearheads: 1. Worlds best field: improving productiveness of the soil, carbon storage, market potential globally 1 mrd. 2. From manure into gold: Market potential of the optimal use of manures nutrients in farms, 150 milj. 3. Biogas innovations: Decomposition of manure and other nutritive substances and recovering nutrients, market potential 17 TWh 4. Future fertilizers: New recycled fertilizer industry, market potential milj. 5. To make recycling of nutrients a brand. Ecosystem accompanies: Biogas technology providers, recycled fertilizer producers, soil improvement actors, end users of nutrition products SME s, large scale companies, communities, research organisations Raw material producers, technology suppliers, end users More information: OSYSTEM_FI.html From manure into gold Biogas innovations Worlds best field New fertilizers Breakthrough in nutrient recycling - ecosystem Areas and communities Nutrient recycling as a brand Research organisations and networks

15 01/2018 DM Batteries from Finland

16 Batteries from Finland - Goals Raw materials Chemicals, compounds Components Battery cells Battery modules / packs OEM / end users Current status in FIN Operations/knowhow Low Strong Medium Strong industry ecosystem from minerals to cells Advanced battery recycling technologies & solutions Global R&D&I center(s) Leading technology providers for battery solutions (incl. module design, battery management, power electronics etc)

17 Thank You! WORLD IDEAS