€75 Million in Grant from the Innovation Fund
The Biozin project is Norway's first winning funding project within EU Innovation Fund Large Scale projects and one of our biggest wins!
From Waste to Renewable Transportation Fuels
The aim of the project is conversion of waste and residue BIOmass from Norwegian forestry and sawmills to advanced low carbon fuels for Zero emission transportation INdustry (BIOZIN). The project will build the world’s first commercial-scale drop-in biofuel (i.e., renewable hydrocarbon biofuels with fuel infrastructure compatibility) production facility in Amli, Norway, utilising Shell’s proprietary IH2® (Integrated Hydropyrolysis and Hydroconversion) technology.
BIOZIN will use an innovative process that can convert any sustainable organic waste like residues from forestry and sawmills into renewable transportation fuels using a continuous catalytic thermochemical process.
Our Good Collaboration Was key to Success
We assisted from start to finish - and are still assisting with the project implementation phase! Our selected team of consultants have guided Biozin and the consortium from early Funding Fit Assessment (ensuring the project match to targeted call), full application development and supported project implementation and compliance.
A Very Satisfied Client
What impressed us the most was Nordic Innovators’ unwavering commitment. The consultants took the time to understand our unique needs and goals and developed a customised funding strategy tailored specifically to us. The Nordic Innovators team worked tirelessly to ensure that every aspect of the funding application was optimised for success. Their approach to financing services is truly holistic, considering the financial aspects of the business and the strategic and operational components. They provided invaluable advice and guidance on positioning Biozin for long-term growth and success and always sought creative solutions.
Jan Halvard Aas Møller, CFO Biozin Holding AS.
We Can Help You in Many Ways
We cover all aspects of project financing, from national and European grant programmes to dept and equity financing! Always guiding our clients to maximise possible support by combining the most optimal capital sorcing - assiting from developing the project financing strategy to full project implementation and compliance.