The Masterclass of the first edition of the Global Biobased Business competition (G-BiB) for the Dutch teams took place on Wednesday 19 April at the Erasmus Centre for Entrepreneurship (ECE) in Rotterdam. This interesting and intensive day was full of presentations and workshops with the focus on developing a solid business plan. 

After a short welcome and introduction by Jeroen Veenenbos and Ferdinand Jaspers from the Erasmus Centre for Entrepreneurship all the teams pitched their idea once again. Prior to the event all teams were asked to send in questions that would help them in developing the business plan. In the course of the day these questions were integrated in the workshops, cases and assignments that the teams had to work on under supervision of the two mentors from ECE. A presentation by Patricia Osseweijer about addressing sustainabilty in a business plan made the offered material complete. 

The final challenge for all the teams is to write an innovative business plan based on a design for sustainable production of biorenewable products such as biofuels and biomaterials or partial solutions that will support developing those products. 

The teams will have to submit their business plans by the end of May. At this moment a similar process is ongoing for the teams in Brazil. In Germany the masterclass took place on Wednesday 26 April 2017.

The semi-finals for all the country’s will be held in June and the finals in October during the 3rd Brazilian BioEnergy Science and Technology (BBEST) in Campos do Jordão, Brazil. The final award of  €10.000,- is sponsored by the company Corbion.