A major investment in California’s clean technology future was announced this week, as BEAM Circular confirmed it has secured $9.8 million in funding to launch the California Bioeconomy Innovation Campus in the North San Joaquin Valley. The campus will serve as a hub for advancing technologies that transform agricultural waste, food scraps, and forest residues into renewable energy, sustainable materials, and other biobased products.
The new funding includes $8 million from the recently enacted 2025 California State Budget and an additional $1.8 million in Catalyst Funding through the California Jobs First Program, delivered by regional economic development group North Valley THRIVE. Assemblymember Rhodesia Ransom expressed her excitement about the investment:
"For generations, we’ve fed the world through agriculture – and now, even our agricultural scraps are helping fuel the future." Assemblymember Rhodesia Ransom said. "We’re not only growing crops; we’re growing innovation, good-paying jobs, and real solutions to climate challenges. We are ready to lead California’s bioeconomy, and I’m proud to help make sure we don’t just keep up – we set the pace."
