What if we told you that New Brunswick could revitalize its economy, retain young workers and help the environment to boot?
It might sound too good to be true, but it’s not. The bioeconomy can do all of those things and more. Some of those efforts are already happening right here, but there’s so much more that could be done if we had a focused effort around policy and programing.
Bioscience, or biotechnology as it’s sometimes known, uses living things to develop useful products and processes. Add in the business component and you have the bioeconomy, which is a rapidly growing sector across the world. Entrepreneurs are creating opportunities to ensure our food security, improve our health and create a cleaner environment.
What does this look like in real life? Think turning waste into biodiesel and using drones to maximize crop yield and reduce pesticide use. With 75 percent of New Brunswick’s land covered in forest and farmland, our province is ripe for this cutting-edge work to take place.