Aalto University and VTT launch a major innovation ecosystem aimed at doubling the value of forest industry

On 23 August 2018, Aalto University and VTT Technical Research Centre of Finland signed a collaboration agreement on the CERES flagship programme and took a concrete step towards a joint innovation ecosystem in the field of bioeconomy. The aim is to develop materials from renewable resources in order to safeguard a sustainable future. The Academy of Finland has granted a EUR 9.5 million flagship funding for the first four years of the project. An extension funding for the next four-year period will be based on an interim evaluation. The total funding of the project is EUR 24 million.The