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  New bioeconomy initiative in Finland to support SMEs

Photo of article The bioeconomy is growing at an unprecedented rate, and the demand for new services and more efficient tools to boost business in this industry is ever increasing. Because of this growth, the need for management of biological information is proving to be vital in keeping up with demand and new concepts. This is evident with the latest figures, which reveal that the global market for bioinformatics is expected to reach more than EUR 4.5 billion next year. In order to home in on this demand, Tekes, the Finnish Funding Agency for Technology and Innovation, has devised a concept aimed at small and medium-sized enterprises (SMEs). Its focus is on developing new business from the management of biological information.

Published: 23 January 2013

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