Lífhagkerfið: tækifæri á tímum efnahagslegra umbreytinga

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1 Lífhagkerfið: tækifæri á tímum efnahagslegra umbreytinga Sigríður Þormóðsdóttir Head of Biobased Industries

2 Purpose Innovation Norway is the government s most important instrument for innovation and profitable business development throughout Norway Main Goal Innovation Norway s programs and services are intended to create successful entrepreneurs, more enterprises with capacity for growth and more innovative business clusters /

3 Innovation Norway: facts and numbers (2016) Owned by the Ministry of Industry, Trade and Fisheries (51%) & the Counties (49%) Offices in all 19 Counties and 35 Countries 700 employees From the State budget and the Counties 3,7 mrd From the budget and the bank loans: 6.7 mrd Total, including contribution from the private sector 20,1 mrd

4 4 Kilde: Harvard Economic Complexity Index.

5 Challenges Lead to New Opportunities More pressure on natural resources Strong growth of the world population From 7.4 to est. 8.6 bill. by 2035 Global warming 2 degree increase Sea level rise + damage to agriculture and infrastructure Urbanization More and Bigger Cities Changes in Socio-Economic Conditions

6 Industrial.revolution

7 We need to export more! Tashatuvango

8 The world has come with it s demands

9

10 Creative Industries & Tourism Bioeconomy Smart Societies Clean Energy Ocean Space Health & Welfare

11 National Bioeconomy Strategy Lead to: Increased value creation and employment Reduced emissions of climate gasses More efficient, profitable and sustainable use of renewable biological resources All Bio-sectors are addressed Four prioritized areas: Cooperation across sectors, industries & thematic areas Markets for renewable bio-based products Efficient use and profitable processing of renewable, biological resources Sustainable production and extraction of renewable biological resources

12 Did not start from scratch! Before Fisheries and Aquaculture Agriculture Forestry Biorefinery Bioenergy After Bioeconomy Total budget 2016 (Grants & loans) 3,5 billion NOK Agriculture 1,1 billion NOK Marine 2,4 billion NOK

13 Definition Sustainable, effective and profitable production, extraction and use of renewable biological recourses into food, feed, ingredients, health products, energy, materials, chemicals, paper, textiles and numerous other products

14 Brand building healthy food from land and sea More market orientation and strong brands More processing, product development and differentiation New profitable business models based on processing and full utilization Healthy food and food concepts for elderly

15 Biorefining; optimal utilization and new species Innovation in new value chains and sustainable products Identification and development of new and sustainable raw materials New technology to ensure total utilization and maximum value creation Maximize utility by cascading use

16 Wood houses & infrastructure Competence and market creation More use of wood as building material More innovative and effective wood based building systems and products More export Industrialization of the wood based value chain Fote: Veidekke Moholdt 50 Illustrasjon: Statens Vegvesen Skisse: Voll arkitetkter

17 BioSmart Efficiency by automatization & digitalization Big data - Utilization of data banks as efficient tool for the primer production and the process industry More innovative technology solutions for agriculture, aquaculture, forestry and fisheries enhancing sustainable production, harvesting and utilization More competitive suppliers of sustainable solutions Foto: Nofence Foto: Salmar Foto: Pål From

18 Vision about the future Leadership Photo: Choreograf

19 Collaboration.key

20 Tusen takk!