The project is developing tools and methodologies that are targeted towards those SMEs, which aspire to innovate in the bio-based products market. BIOCHEM aims to reach at least 250 companies across seven European countries with these resources. It facilitates partnering through new on-line open innovation support tools and together with regional and national Innovation Agencies and chemistry cluster organisations is actively engaged in capacity building to improve innovation management within local SMEs.
The project is developing information and training packages in areas such as life-cycle methodologies, IPR strategies and the implementation of sustainable business strategies. It aims to facilitate the financing of new bio-based business ideas to proof-of-concept, including gaining access to European test facilities.