Driving innovation: students and sustainable business models in forest-based bioeconomy
Within the bioeconomy, many new technologies and innovations have been studied and implemented, such as for wood construction, wood-based fibres for the textile industry, well-being, and non-wood forest products. But how can we guarantee the commercialisation and the knowledge transfer of these innovations into the market?
Dedicated to empowering and supporting aspiring entrepreneurs, the NOMADI Project organises workshops for students passionate about entrepreneurship and the bioeconomy. These workshops serve as transformative catalysts, fuelling innovation and paving the way for pioneering sustainable business models.
Networking event insights

On 24 October 2023, students from different areas of study attended the Networking Sauna Event in Joensuu, Finland. The first workshop of a series of three events was held by the European Forest Institute (EFI), Natural Resources Institute Finland (Luke) and the Finnish Forest Centre (Metsäkeskus).
The event aimed at introducing sustainable business models in circular forest-based bioeconomy to students to spark their creativity and entrepreneurial spirit and underline the important role education plays in fostering a greener future.
The event also counted with a presentation from Business Joensuu – an organisation that provides support and expertise for the different stages and challenges of entrepreneurship – showcasing Start Me Up, a competition that awards the best ideas for the future that can grow into sustainable business activities and Hack Me Up, a competition for students to brainstorm climate-smart solutions for companies’ sustainability challenges. Applications are open until 17 November at 15:00 EET.
Attend online or in person: dive into the circular economy
Students from any field of study are invited to attend the second workshop on 22 November at 17:00 EET online or in Joensuu. The consultancy firm Ethica will present how they have been helping organisations transition to a more sustainable circular economy in a rapidly changing market environment and showcase how to create a circular business model.
Check out the agenda and register for the event here.
The NOMADI project supports companies in the forest-based sector by seeking new solutions through the digitalisation of forest services. The project also helps to create new marketing and business concepts, supporting new bioeconomy start-ups and the scaleup of innovations – particularly ideas targeted towards remote private forest owners and forest management services and tools are welcome.
NOMADI is funded by the Regional Council of North Karelia through the European Regional Development Fund as a part of the European Union’s COVID-19 activities (REACT-EU).
Featured image: ChayTee – stock.adobe