2 Amendments of Fredrick FEDERLEY related to 2017/0024(NLE)
Amendment 9 #
Proposal for a regulation
Recital 1
Recital 1
(1) Council Regulation (EU) 560/2014 (37 ) established the Bio-based Industries Joint Undertaking (‘BBI Joint Undertaking’) with the aim of increasing investment in the development of a sustainable bio-based industry sector in Europe. _________________ 37 Council Regulation (EU) No 560/2014 of 6 May 2014 establishing the Bio-based Industries Joint Undertaking (OJ L 169, 7.6.2014, p. 130).
Amendment 13 #
Proposal for a regulation
Recital 4
Recital 4
(4) The objective of the BBI Initiative to carry out activities through collaboration of stakeholders along the entire bio-based value chains, including SMEs, research and technology centres and universities can be achieved only by enabling BIC and its constituent entities to deliver the financial contribution not only as payments to the BBI Joint Undertaking but also as financial contributions to indirect actions funded by the BBI Joint Undertaking. This new delivery mode will ensure that the financial contributions become more commercially viable for BIC and its constituent entities, which in turn should facilitate the fulfilment of their financial obligations within the set deadline.