BIC accelerates technology development, removes barriers to commercialization and enables broader technology adoption
mission & vision
BIC's mission is to provide critical strategic investment, advice and services to business developers of clean, green and sustainable technologies.
Our vision is creating jobs and economic value sustainably for Canada.
Bioindustrial Innovation Canada (BIC) is a nationally focused not-for-profit business accelerator based in Sarnia, Ontario.
BIC is focused on enabling Canada to become globally recognized leaders in sustainable chemistry focused in these three areas:
the industrial bioeconomy, which converts renewable resources, such as agricultural and forestry by-products and residues, into value-added bioenergy, biofuel, biochemical and biomaterials
sustainable processes, which efficiently use the world’s limited resources (eg. water, energy) through innovative technologies
the circular economy, which recovers and reuses the world’s limited resources
A tactic to accomplish global leadership has been the development of a network of sustainable chemistry clusters across Canada. For example, the hybrid chemistry cluster in Sarnia-Lambton is well positioned to become a North American leader in industrial bioproducts manufacturing.
Sustainable chemistry clusters are integrated ecosystems of new and evolving feedstocks and technologies with existing infrastructure and technologies which enable the acceleration and growth of the bio-based and sustainable chemistry-based industries.
These clusters are built on existing technology, physical and market infrastructures to maximize utilization and provide opportunities for value chain optimization.
Strong pan-Canadian value chains are critical for the growth of early-stage Canadian companies. BIC strongly believes that an integrated ecosystem of new and evolving sustainable feedstocks and technologies with the existing fossil-based chemistry value chain will accelerate the commercialization of bio-based and sustainable chemistry-based technologies.
NATIONAL AND INTERNATIONAL CONNECTIVITY
BIC has signed Memorandum of Understanding (MOU) agreements with:
SPRING in Italy
Biobased Delta in the Netherlands
VITO in Belgium
Life Sciences Queensland in Australia
Innovation et Développement économique Trois-Riviéres in Quebec
Cluster Industrielle Biotechnologie e.V. in Germany
All partners are focused on creating a strong program on cluster development in their region and country, but with the knowledge that creating a stronger relationship between our organizations and countries with respect to building the bio economy at home and internationally is a key ingredient.