Regional Inclusive Biobased Entrepreneurship Solutions (RIBES)

The RIBES project (Regional Inclusive Biobased Entrepreneurship Solutions) is a three-year initiative funded under Horizon Europe, running from March 1, 2024, to February 28, 2027, with a budget of approximately EUR 5 million. Its overarching goal is to support the transformation of economies in European regions struggling with low levels of innovation in the bioeconomy sector. RIBES seeks to accelerate the shift from fossil-based, linear production systems towards a circular and dynamic bioeconomy that incorporates inclusive social dimensions. The project addresses key challenges such as limited awareness of the bioeconomy, insufficient market frameworks, lack of necessary skills among local stakeholders, and underdeveloped value chains and infrastructure. The methodological approach relies on bottom-up, multi-actor engagement, fostering collaboration among rural communities, universities, administrations, and entrepreneurs. Central to this are the Multi-actor Transformative Forums (MTFs), designed as platforms for co-creating inclusive, context-specific business and governance models. As a tangible outcome, RIBES will deliver a “RIBES Toolkit” offering practical solutions including collaborative models, policy monitoring systems, environmental protection plans, and support mechanisms for small-scale, circular entrepreneurship. Ensuring social sustainability is a priority, with an emphasis on equal participation of all actors, including vulnerable groups, through dedicated training and business support. Ultimately, RIBES aims to strengthen local innovation, reinforce bio-based value chains, and stimulate socio-economic development in rural and peri-urban areas, while ensuring scalability and replication of its results at national and European levels.

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