The University of York is to lead on a £5million project to develop the bioeconomy across Yorkshire, the Humber region and the Tees Valley. The THYME project – this is its name – will build on the existing expertise and innovation in the region in a new collaboration between the Universities of York, Hull and Teesside. Those involved in the three year project say the funding will boost the region’s economy, create jobs and deliver major environmental benefits.
“In 2015 the UK Government published its first report demonstrating how important the bioeconomy is to the UK. They commissioned a second report in 2016, ‘Evidencing the bioeconomy’, which estimated the bioeconomy generated £220bn in Gross Value Added and supported over five million jobs in the UK”. Margaret Smallwood, CEO of BioVale, an innovation cluster supporting development of the bioeconomy in Yorkshire and the Humber, talks to Il Bioeconomista. In this exclusive interview she talks about the bioeconomy in UK after Brexit and the election of Donald Trump as US President.
Interview by Mario Bonaccorso