The blue bioeconomy has climbed up the global, regional and national agendas in recent years, and there is increasing expectation as to its growth potential. A number of countries have launched programs to support bioeconomy, sometimes also “Green Growth, “Green economy” or just “Industrial Biotechnology”. By dynamically supporting an integrated approach, the new stream of the blue bioeconomy can foster and sustain the valuable contribution of oceans, seas and coasts to food security, nutrition, cosmetics and pharmaceuticals and decent employment for future generations. Blue bioeconomy initiatives contribute significantly to the responsible and sustainable use of marine ecosystems, thus ensuring that countries can obtain the highest possible level of economic growth while conserving the natural resource base upon which that very growth depends.
Our generational challenge of finding innovative approaches to foster economic growth and encourage environmental preservation however has provided a unique opportunity for our industry to prove its value. Industry needs to explore and develop the vast field of bio-resources in a responsible and sustainable manner for the benefit of all.
It is time for our BioMarine community to demonstrate that we have the capacity and ability to harmonize the needs of the planet with the daily expectations of consumers; to initiate a carbon free economy in which seaweed will replace plastic, where microalgae will produce sustainable fuel, and where marine ingredients will feed humans and aquaculture fish.
BioMarine is an organization at the crossroads of research, business, and investment. BioMarine operates and manages BioMarine Business Convention- several international platforms about marine bio resources - with a scientific, economic and societal approach, and is designed to optimize and accelerate business opportunities and the development of small innovative companies. BioMarine is also developing partnerships to extend the scope of its activities specifically in the new media, technology and finance.
BioMarine Organization has established strong links with renowned institutions, international organizations and companies that actively contribute to the development of this BioMarine vision. It concentrates its action and efforts on the marine resources sphere by helping governments to design their marine and maritime policy, identifying institutional and regulatory bottlenecks, fostering business opportunities and job creation, identifying investors and suitable investments.
What is BioMarine Business Convention?
BioMarine is an industry & investment platform, a global accelerator where you literally run all day long, interacting with people from all over the world, chasing the best opportunities, the investor who will fund your project, and / or the government that will support your development. Our core activity is to foster business opportunities and contacts between top executives. It is a unique CEOs and key stakeholder’s platform dedicated to marine bio resources. With our annual platform, BioMarine can quickly identify and the select potential companies to optimize deal flow for our future blue fund.
BioMarine is structured in strict accordance with the ‘three-thirds’ principle: namely, Industry, Science and Investors. This principle aims to:
• Foster business opportunities by facilitating international collaborative work
• Turn innovation and applied research into value creation
• Facilitate the implementation of existing opportunities to benefit both consumers and civil society
Blue Coop International : Creating sustainable blue business in partnership with local communities
Blue Growth through Cooperation and Solidarity
On October 4th , in Cascais during the 2018 BioMarine meeting, Quebec, Alaska, Tahiti, and Mexico and the Biomarine Organization decided to join force and launch an international association of cooperatives working on a new social economic approach based on the sustainable use of marine bio resources. The cooperative will develop partnerships with key industry leaders to produce quality marine ingredients for human nutrition, cosmetics, biomaterials and pharmaceuticals. It will expand rapidly inviting new participants from Norway, Australia, Mozambique, Indonesia.
In 2002, the Lower North Shore of Quebec, Canada was struck with a fishery crisis resulting from the closure of the local crab and cod fishery. For the affected small isolated communities along the Gulf of St Lawrence, this was complete devastation. From this group of unemployed workers, a small group of women decided to look at what kind of sustainable industry could be developed within the region.
With sustainability as its core value, the Cooperative has been developed as a model to build local knowledge, local capacity and local leadership through collaboration and partnership with global partners. The marine circular economy involves looking at all aspects of our industries development for example when algae, sea cucumbers, star fish and crabs are harvested they are sent to the manufacturing facility and then waste is used to create fertilizer, or blue bio degradable plastic.
Considering the standard definitions of sustainability, integrating social, economic and environmental factors the Cooperative set out to create something that would last and build on the region’s resources. The Cooperative has concentrated on developing and integrated model that has various pillars of development such as education at all levels (university, college, adult education, high school and elementary), development of partner networks (provincial, nationally and internationally), integration and development of business clusters, and a view of looking at local assets and instead of limitations for development of resources and infrastructures.
Building on a Local Model for a Global Bio-Economy Network
The Cooperative is now looking to extend its scope and share its model with other regions and believes there is a real value chain in global collaboration of rural and remote regions for research, development and innovation. Building on traditional ecological knowledge for scientific proven research will bring quality, high-end, blue products to the industry from these regions and networks and collaboration will be key to enabling the regions to explore synergies, best practices and partnership opportunities.
Connecting marine based bio-economy cooperatives can provide an excellent platform for bringing together community leadership, researchers, policy makers, industry and investment for sound bio-economy development and long-term sustainable well-being of rural and remote regions. So far 13 cities, regions, states and countries have already joined the Blue Coop initiative.
Blue Bioplastics Consortium :
Recognized as a major environmental problem the accumulation of plastic in the marine environment and threatening climate change, have not led to falling consumption and have not seen any decrease in global production of plastics, increasing by 4-5% every year.
Using renewable marine resources, sustainably cultivated or harvested by blue cooperatives as a building block for bioplastics will bring various environmental and financial advantages. Existing niche markets are keen to get green credentials. Larger companies and governments are also showing increasing interest.
The Blue Bioplastic Consortium is to take concrete action and federate the innovative Blue SMEs and startups, R&D, processing and distribution to bring them together and foster market diffusion of their technologies and value-added products through our international partners network.
The Consortium regroups SMEs with existing proven technologies which could, in a reasonable time frame, put forward an industrial solution to specific issues and problems.