Cross border value streams from nature – valuable natural products from industrial side streams for natural cosmetic, food and beverage industry (ValueStreams)

Title	Cross border value streams from nature – valuable natural products from industrial side streams for natural cosmetic, food and beverage industry
Abbreviation	ValueStreams
Project number	S038
Programme	Interreg Baltic Sea Region 2014-2020 (Seed Money project)

Lead partner

1. University of Oulu (Finland)

Project partners

1. Federal State Budgetary Educational Institution of Higher Education “Northern State Medical University” of the Ministry of Healthcare of the Russian Federation (Russia)
2. Vidzeme Planning Region (Latvia)

Project objectives

To establish a cross-border network, which will identify the opportunities regarding the companies and research institutions operating in the bioeconomy food and cosmetic sectors to develop new, high-quality natural products while focusing on the processing potential of existing by-products. Prepare an application for a larger scale project.

Activities

1. Elaboration of the state of play analysis, creating a network among all relevant stakeholders and exchange of good practices;
2. Experience and knowledge sharing activities between project partners to identify common gaps, problems and good practices between Baltic Sea Region countries (workshops, discussions, interregional meetings);
3. Elaborate a report (project application) on funding possibilities.

Results

1. The institutional capacity of the organizations involved in the project and skills needed for working with the entrepreneurs and scientific institutions in the field of bioeconomy have been strengthened;
2. Transfer of knowledge and good practice is ensured;
3. Partnerships of transnational bioeconomy companies and business-research institutions have been established to encourage the development of new products in the Baltic Sea region;
4. A roadmap for the consortium for the development of the main project.

Budget

Total budget: 50 000 EUR

VPR budget: 16 000 EUR

Implementation period

01.10.2020.-30.09.2021.

Contacts

Irīna Kulitāne
Phone: +371 29131859
E-mail: irina.kulitane@konso.lv