According to foreign media reports, the EU plansIn 2024, the company will invest 50 million euros in startups in the fermentation sector to further scale up precision fermentation. Specifically, as part of the "European Horizon" project, the European Union has indicated that it will next yearStart-ups and small companies in the field of precision fermentation and algae foods provide 50 million euros in funding(applications will open in May) and will focus on helping these companies scale up to overcome challenges such as inadequate infrastructure in Europe, support the EU's climate plan, and improve the efficiency, resilience and sustainability of the chain. 
*: Horizon Europe official website) It is understood that "Horizon Europe" is a 7-year (2021-2027) research funding framework submitted by the European Commission, and the project's provisional budget is about 100 billion euros, which is the largest amount of research funding in the history of the European UnionThe European Horizon project focuses onBasic research, innovation, major social issuesThe three areas aim to provide services for basic research, promote innovation, and address the major issues facing society and industrial competitiveness. It is worth noting that this isThe Legislature's first funding commitment specifically for the precision fermentation industry(which has previously announced funding for a wider range of alternative protein projects, including traditional fermentation, among others), the agency believes that precision fermentation is an effective way to improve the health and sustainability of today's food**. Precision fermentation takes food production out of crop cultivationIn recent years,Precision fermentation(fermentation technology for the production of alternative proteins) has made great progress. The production of food products through precision fermentation is possibleBreak away from traditional soil planting and other production methodsFor example, with the help of bacteria, yeast, fungi and algae to produce alternative proteins and other foods, which are rich in protein, fat, carbohydrates, dietary fiber, vitamins and minerals, etc., the nutritional content is comparable to other traditional plant or animal foods, and these products can also bring "precision nutrition" to provide consumers with healthier alternatives. Another benefit of precision fermentation is:environmentValue. In this regard, the EU believes that "precision fermented foods can."It is produced from agricultural by-products rather than high-value crops. The advantages of this shift include ease of production, freedom from climatic conditions, reduced pressure on natural resources such as land and water, reduced harm associated with the use of pesticides and antibiotics, and cost-effectiveness. ”
Figure: Acacia Smith, Senior Policy Manager, GFI Europe (**GFI Europe) "The EU now needs to develop a coherent strategy to support the sector, provide strategic investments in R&D, and help with precision fermentation commercialisation using things like 'Eurohorizon' to avoid the continent falling behind the rest of the world." Acacia Smith, senior policy manager for Europe at the good food institute (GFI), said. It is understood that GFI is an international non-profit organization and think tank that aims to help build a more sustainable, safer, and more just food system by transforming meat production. According to GFI statistics, the fermentation industry attracted about in the last year8.$4.2 billioninvestment is second only to the plant protein industry and the cell culture protein industry;And this year's investment is higher than that of the other two industries, reaching2.7.3 billionUSD, which is more than 2 times the financing of the plant protein industry and almost 3 times that of the cell culture protein industry. At the same time, the precision fermentation industry has also experienced many milestones this year, including some companies announcing the completion of several rounds of funding or new technological breakthroughs. For example, Belgian myoglobin startup Paleo raised money in a Series A funding round before announcing its foray into pet food12 million euros；Formo in Germany has launched a "lab-brewed" egg alternative in the F&B market. Companies need to "go beyond incremental change to the latest technologies."In terms of funding criteria, firstly, the funding is open to start-ups using fermentation technologies based on bacteria, yeast or fungi, as well as new aquaculture systems based on microalgae, etc. Secondly, the company needs to "".Go beyond incremental change to the latest technologyOffering new production methods that conserve resources, save energy and reduce emissions needs to be based on process parameters such as light, temperature and pressureExtensionsto tailor the final product to a range of environments, such as those with extremely resource-constrained resources. In addition, the company must ensure:Closed-loop production processto prevent the release of microorganisms or contaminants into the environment. This means that all projects wishing to be funded will need to provide a life cycle assessment, which includes an analysis of environmental, social and economic aspects. At the same time, the company's proposal needs to be consideredRegulatory aspectswithConsumer acceptanceand articulate appropriate strategies to support market entry. The EU wants to support "radical technological innovations that could have a disruptive impact on existing markets" to help secure more food**, while protecting biodiversity and providing scalable food manufacturing processes that benefit consumers in the EU and around the world, with the ultimate goalDetach food production from traditional soil cultivation and minimize climate impact. "The European Innovation Council has recognised the game-changing potential of precision fermentation, including feeding Europe's growing population, improving public health and reducing dependence on imports. Grant funding like this will play a role in helping to scale production and reduce **, but we need to see that ambition sustained to avoid Europe missing out on the huge benefits of foods like precision fermentation. Acacia Smith said. "The European Commission is currently developing a biotechnology and biomanufacturing initiative to look at how promising biotechnology can be scaled up as well as the 'EU Protein Strategy', and we hope that these two documents, which are expected to be published in March next year, will shed light on the potential of precision fermentation in achieving the EU's strategic autonomy and food security ambitions. Acacia Smith explains. 
"In recent months, the European Commission and the European Food Safety Authority have undertaken a number of popular activities in the field of precision fermentation, including events such as the European Food Safety Authority's Scientific Symposium in May, which show their commitment to working together to explore the important role of alternative proteins in the food industry in the future. Seth Roberts, European Policy Manager at the Good Food Institute (GFI), noted. "While strong regulation is essential to boost consumer confidence in new foods, these are very positive steps for regulators to help prevent unnecessary delays by ensuring transparency in the process, such as through dialogue with companies. He added. Disclaimer: This article aims to convey the latest information on synthetic biology, does not represent the position of the platform, does not constitute any investment advice and recommendations, and is subject to the official company announcement. This article is not a **plan recommendation, if you need to get **plan guidance, please go to a regular hospital for treatment. Material**Official** Network News.