When we hear the word startup, we usually associate it with an innovative, disruptive idea with high potential. However, around 90% of these companies fail within their first three years of lifespan, mainly due to a lack of funding and management skills of their founders. In this context, the BIOECONOMYVENTURES project, that we are presenting at Transfiere 2023, is facilitating their access to funding while expanding the bio-based industry in the EU by accelerating the market entry of new technologies, processes, products, and applications.
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