Ecostrat and Bioindustrial Innovation Canada launch online tool BDOSAT to evaluate regional readiness for biomanufacturing; tool 'empowers' local economic developers to identify strengths and weaknesses in local biomass supply chains

Sample article from our Bioeconomy

May 8, 2024 (press release) –

                                    

Ecostrat and Bioindustrial Innovation Canada (BIC) launch online tool for assessing regional readiness for biobased development

– BDOSAT: Empowering communities to tap into the trillion-dollar bioeconomy sector –

May 8th

Ecostrat Inc., the Bioeconomy Development Opportunity (BDO) Zone Initiative and Bioindustrial Innovation Canada (BIC) have collaborated to launch the new Bioeconomy Development Opportunity Zone Self Assessment Toolkit (BDOSAT). This powerful online tool empowers communities, corporations, and governments across North America to quickly pre-assess regional readiness for biomanufacturing.

Jordan Solomon, CEO/President of Ecostrat Inc. and Chairman of the BDO Zone Initiative stated, “BDOSAT provides a preliminary BDO Zone ratings opinion. The information provided by BDOSAT empowers local economic developers to identify strengths and weaknesses in local biomass supply chains, enables more effective use of local biomass assets, and is a powerful first step in attracting new bio-based development.”

“The BDOSAT is a great tool for regionally based stakeholders to receive a preliminary BDO Zone rating opinion and get introduced into the international BDO Zone opportunity. This tool will not only help to shed light on Canada’s larger bioeconomy opportunity but will help identify investment attraction assets at a regional level that can support Canada’s industrial decarbonization.” stated, Meaghan Seagrave, Executive Director, Bioindustrial Innovation Canada (BIC).

BDOSAT is available at no cost and can be accessed on the BDO Zone website here.

About Bioindustrial Innovation Canada (BIC)

Bioindustrial Innovation Canada is a national not-for-profit business accelerator that provides critical strategic investment, advice, and services to developers of clean, green, and sustainable technologies. BIC has a strong track record of success that extends from coast to coast to coast and across several industries of significant importance to Canada’s green economy.

For more information about Bioindustrial Innovation Canada (BIC), visit www.bincanada.ca or connect directly with Executive Director, Meaghan Seagrave: mseagrave@bincanada.ca; www.linkedin.com/in/meaghanseagrave.

About The BDO Zone Initiative

The BDO Zone Initiative certifies regional readiness for bio-based manufacturing, creates global connections with project developers, and ignites an influx of clean energy opportunities.

A BDO Zone rating is an internationally recognized standards-based technical risk assessment of biomass feedstock, supply chain, and infrastructure risk with respect to the development potential of new biofuel, renewable chemical, biogas, and bioproduct plants. Investment grade ratings attract new bio-based manufacturing plants to the areas where they are most likely to succeed– and create jobs.

For more information on the BDO Zone Initiative, contact info@bdozone.org. To view all BDO Zone ratings, visit www.bdozone.org.  Check out the BDO Zone LinkedIn page for news and updates.

Jordan Solomon is Chairman of the BDO Zone Initiative and President of Ecostrat (www.ecostrat.com). He can be reached at jordan.solomon@ecostrat.com. Ecostrat is the North American leader in biomass due diligence for biofuels, renewable chemicals, biogas, and bio-product project development and finance.

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