Funding of £1.5 million is to be made available for businesses and research institutions working in the bioeconomy in Scotland to support innovative work that will help deliver circular economy growth.

Paul Wheelhouse, Scottish Minister for Business, Innovation and Energy, announced the fund, the latest part of the Scottish Government’s £70-million Circular Economy Investment Fund and Service, during his address to the European Forum for Industrial Biotechnology and Bioeconomy Conference 2016, held this week in Glasgow.