EU Commission Proposes Ambitious Biotech Initiative, Including Key Actions for Alt Proteins
The European Commission has published a new initiative, Building the Future with Nature: Boosting Biotechnology and Biomanufacturing in the EU, that summarises the sector’s challenges and proposes a line of actions to address these barriers in different industries, such as agriculture, health, marine biotech, and food and feed among others. According to the Good Food Institute Europe‘s policy team, the document provides three key actions pertinent to Europe’s alternative protein sector, as follows. Firstly, the document emphasises the importance of fostering public and private investments in biotechnology through the European Innovation Council’s accelerator program. It suggests including specific biotech-related challenges in the program to support innovative technologies and solutions. Furthermore, the document mentions exploring new investment support options from the European Investment Bank to boost …