Biobased materials and resource-saving methods and processes are the key to a sustainable future that protects the climate and the environment. For this purpose, the start-up competition "PlanB - Biobased.Business.Bayern" has been launched, which is now starting its fifth round. Start-ups and bio-entrepreneurs who have a so-called Plan B ready for a world free of fossil raw materials can apply for funding again since May 9, 2022.

Business ideas for the bioeconomy

Applications are invited for business ideas for bio-based, sustainable solutions that can be integrated into bioeconomy value chains and contribute to a more sustainable economy, use biogenic raw materials or residues, and address the challenges for a more sustainable and climate-friendly life and economy. In addition, the start-ups should not have been founded more than seven years ago and should somehow be related to Bavaria.

"For the bioeconomy in particular, trend-setting innovations are of great importance in order to operate more resource-efficiently and sustainably in the future, but just as successfully. Start-ups with their creative ideas and progressive solutions make an important contribution to this," said Hubert Aiwanger, Bavaria's Minister of State for Economic Affairs, Regional Development and Energy and PlanB patron of the start-up competition. PlanB focuses on promoting these start-ups in order to further enhance "Bavaria's attractiveness as a place to live and do business".

The increasing demand for bioeconomic innovations can also be seen in the development of PlanB. Since the first edition of the competition in 2014, the number and catchment area of participants have increased steadily. In 2020 alone, more than 60 idea sketches were submitted. The quality and potential of the start-ups has also improved continuously, says Ann-Kathrin Wagner from the PlanB organizing team. "For the new round, we hope for a continuation of this trend."

A competition in three phases

Start-ups can submit their ideas via the website of "PlanB - Biobased.Business.Bayern" until August 7, 2022. After that, a jury will evaluate the proposals and award the best ones. In phase 2 - PlanB Desk - which will start in September, the focus will be on networking. The five best start-ups from this round will then compete in a pitch in February next year to move on to the third funding phase. In addition to prizes worth a total of 25,000 euros, the three winners of the competition will be supported by the PlanB team and networks in the further development of their business idea. The winner will also receive one year's rent-free accommodation in a starter office in the Technology and Start-up Center at the Port of Straubing-Sand.