IBioIC secures funding to continue growth of Scotland’s bioeconomy

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There is a Scottish bioeconomy beyond Brexit. The Industrial Biotechnology Innovation Centre (IBioIC) has been awarded long-term investment from the Scottish Funding Council (SFC), securing its position at the forefront of Scotland’s emerging bioeconomy. The commitment, announced by the First Minister yesterday, will enable the innovation centre to continue the development of a greener economy and support Scotland’s transition to net zero. Industrial biotechnology explores the creation of more sustainable materials, consumer goods and pharmaceuticals by using bio-based alternatives to petrochemicals.

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