Bioeconomy Policy Development Sprint

The bioeconomy – the part of the economy driven by the life sciences and biotech, and enabled by engineering, computing, and information science – has the potential to revolutionize human health, climate and energy, food security and sustainability, and supply chain stability, as well as support economic growth and well-paying jobs across the entire country. The U.S. government has recognized this exceptional promise: The recent Executive Order on advancing the U.S. bioeconomy and relevant provisions in the CHIPS and Science Law and the Inflation Reduction Law have opened up an excellent opportunity to engage with the U.S. government to help develop and shape the implementation of policies to bolster the economic engine that is the biotech and biomanufacturing ecosystem.

The Day One Project now needs your help to generate innovative, specific, and actionable policy ideas that the U.S. government could use to supercharge the U.S. bioeconomy.

They are particularly focused on:

  • Leveraging financial or economic tools – such as loan programs, tax incentives, demand-pull mechanisms, and economic development challenges – to support and advance the U.S. bioeconomy in ways that enable and incentivize biotech or biomanufacturing to expand into new regions of the U.S., build new facilities, and engage in workforce development efforts;
  • Enabling better measurement of the U.S. bioeconomy’s contributions to the rest of the economy; and
  • Devising new authorities that may be needed at federal agencies in order to support a maximally-coordinated effort to advance the U.S. bioeconomy.

Submit your idea here. Submissions are due Monday, November 7th, and will be reviewed on a rolling basis, so submit today!

Can photosynthesis lead to more sustainable biomanufacturing?

Read the full story at European Pharmaceutical Manufacturer.

Nusqe Spanton, CEO and founder of Provectus Algae looks at how photosynthesis can offer sustainability in biomanufacturing and the role microalgae play in this.

The Bio-Based Economy: What’s Holding It Back?

Read the full story at Labiotech.io.

As pollution and climate change become growing problems, breaking society’s addiction to fossil fuels is a daunting task. What are the main obstacles holding European biotechs back from building a more sustainable economy and how can we resolve them?

The Bio-Based Economy: What’s Holding It Back?

Read the full story at Labiotech.eu.

As pollution and climate change become growing problems, breaking society’s addiction to fossil fuels is a daunting task. What are the main obstacles holding European biotechs back from building a more sustainable economy and how can we resolve them?

Biotech paves way to greener future

Read the full story in Innovators Magazine.

The Biotechnology Innovation Organization (BIO) has welcomed a new US climate crisis action plan released today showing the critical role biotech must play.

Select Committee Democrats in the US complied the report, which prioritises goals that biotech innovations will help deliver, like producing more resilient crops and generating sustainable aviation fuels.

The Unified Website for Biotechnology Regulation

The U.S. Coordinated Framework for Biotechnology Products outlines a comprehensive Federal regulatory policy for ensuring the safety of biotechnology products. The goal of the Coordinated Framework is to ensure public confidence in the regulatory system and improve transparency, predictability, coordination, and, efficiency of the biotechnology regulatory system.