(Note: preliminary draft only, to be approved by IBA co-initiators)
These Articles of Associations are formulated in accordance with constitution, laws and regulation in the country of registration,
and other public laws and regulations.
The International Bioeconomy Association (hereinafter referred to as the IBA) is a non-profit non-governmental organization co-initiated by Peking University’s China Center for Strategic Studies, China Society of Territorial Economics, International Green Economy Association, Plant Protection Society (Singapore), PolyCan Health Centre Canada and other institutions from across the world.
IBA is registered under the address: No. 39 Shangdi West Road., Haidian District, Beijing, 100085, P.C.China.
IBA vision: drive global bioeconomy, serve the interest of humanity.
IBA is subject to technical advice and regulatory supervision of the registration authority.
IBA’s scope of business:
6.1.Conduct strategic research and gain an insight into global bioeconomic dynamics and trends.
IBA carries out research on biotechnological and bioeconomic theories, methodology and strategies, systematically track the development dynamics of biotechnology and bioeconomy worldwide, and aims to release three indexes and reports.
First, the Global Biotechnological Development Report. Emphasis is laid on analyzing the development orientation and priorities of biotechnology in major countries, including technology policies, key areas and development trends along with investment in talent, research papers and patents.
Second, the Global Bioeconomy Development Report. It primarily analyzes the development orientation and priorities of bioeconomy in major countries, including the number of enterprises, industry scale, growth rate, market consumption and investment intensity along with innovative capacity for new products and services.
Third, the Global Bioeconomic Policy Trend Report. The Report focuses on the analysis of bioeconomic policies, plans, industry standards, market access, investment and trade in major countries, providing a reference for governments and enterprises in policy-making.
6.2.Foster science and technology exchange to drive sustainable development of biotechnology and bioeconomy,
First, set up the International Bioeconomy Research Institute. The Institute works to attract top talents worldwide to jointly promote a new technological revolution, draw large enterprises and groups to discuss bioeconomic development strategies and measures, cultivate technical, management and enterprise personnel, and ultimately foster global biotechnological and bioeconomic development.
Second, launch the World Bioeconomy Magazine. The Magazine publishes major achievements and innovations in global bioeconomic technologies, systems, theories, talents and management such as biotechnological breakthroughs, major bioeconomic policies, large cross-national enterprises, top talents etc.
6.3. Continue to host the International Bioeconomy Conference (BioEco).
Following the first, second and third BioEco hosted by the Chinese government in 2005, 2007 and 2009, future BioEco events will be in the hands of IBA as a tool to promote the dialogue in global policies, industries, education and research. BioEco is expected to grow into another leading platform in the field of international bioeconomy after the Biotechnology Innovation Organization from the US and BioVision from the European Union.
6.4. Build up a 24/7 “global biotechnology exchange and product trading network”.
IBA connects 100,000 information sources worldwide in life science and bioeconomy to form the world largest network for biotechology exchange and product trading as a “never closing” trading market for biotechnologies and products.
6.5. Build a platform of industry and financial exchange.
The International Bioeconomy Development Fund will be established in support of top talent innovation, major technological inventions and bioeconomic development in the third world. Meanwhile, the Bioeconomy Financial Mart” will be initiated along with a financial club of angle funds, venture capital funds, private equities, securities institutions as well as other public or private offerings. IBA is also responsible for organizing international fairs for communication between the financial industry and technologies, products and enterprises.
6.6. Promote international collaboration and reward individuals and institutions with great contributions.
Make innovative changes in cooperative mechanism and approaches; facilitate international communication and collaboration in bioeconomy through “the six mutuals”: mutual communication of talents, mutual transfer of technologies, mutual cooperation of enterprises, mutual opening-up of markets, mutual learning from each other’s managerial practices and mutual tolerance of cultures; rewards are given to those individuals and institutions with major constitutions. Meanwhile, talent and enterprise sponsorship projects are initiated. The “Phoenix Talent Award” and “Phoenix Corporate Award” are established as incentives for young scientists, innovative entrepreneurs and enterprises with the launch of the “Bioeconomy Basic Research Fund” and “Bioeconomy Industry Innovation Fund”.
IBA’s membership falls into two categories: institutional membership and individual membership.
All IBA membership applicants shall meet the following requirements:
Membership application procedures:
Member perks and benefits:
Member roles and responsibilities:
Members withdrawing from IBA for reasons of their own shall return the original Membership Certificate; membership is automatically terminated for failure to pay membership dues for more than one year or participate in any IBA events.
Severe violation of IBA’s Articles of Association leads to removal of membership once approved by IBA Council.
The highest decision-making body in IBA is the General Assembly. Its functions and powers include:
The General Assembly may not be held unless there are more than 2/3 of the member representatives present, and the resolution may not take effect until approved by more than 2/3 of the member representatives that attend the assembly.
The General Assembly shall be held every five years.
The IBA Council is the executive agency of the General Assembly. It guides IBA’s daily operation between General Assembly meetings and is accountable for the General Assembly.
The council may not be held unless there are more than 2/3 of the members of the council present, and the resolution may not take effect until approved by 2/3 of the members that attend the council.
IBA Council shall be held at least once a year. Telephone and audio-visual conferencing may be appropriate alternatives in exceptional circumstances.
Chairman, Vice-Chairman and Secretary General must meet the following requirements:
Anyone who exceeds the maximum age limit may take office as Chairman, Vice-Chairman or Secretary General only after approved by the Council, reported to business department in charge for review and authorized by registration institution.
Chairman, Vice Chairman and Secretary General of IBA serve five-years terms and shall not hold office for more than two consecutive terms. If the term of office needs to be extended under special circumstances, it shall be approved by 2/3 of the members of the General Assembly, reported to business department in charge fr review and authorized by registration institution.
Secretary General is the legal representative of IBA.
Chairman of IBA shall exercise the following powers:
Secretary General of IBA shall exercise the following powers:
Funds of IBA come from:
IBA collects membership dues in accordance with relevant regulations in the country of registration.
Funds of IBA must be used within the scope of service stipulated in the Articles of Association and for business development, and must not be distributed among members.
IBA has a rigorous financial management system in place to ensure the legitimacy, authenticity, accuracy and completeness of accounting information.
IBA hires professionally qualified accountants who must not concurrently serve as cashiers; accountants must carry out financial accounting and accounting supervision; when transferring from or leaving the post, accountants must fulfill handover formalities with the replacement person.
Assets management of IBA must be carried out under the state-specified financial management system and subject to supervision from the General Assembly and financial sectors. Funds derived from state appropriations or social donations are subject to the supervision from auditing institutions and relevant information must be made public appropriately.
Before reelection or appointment of a new legal representative, IBA is subject to financial auditing from registration institutions and business departments in charge.
Assets of IBA are protected by law and shall not be illicitly seized, distributed or embezzled among any units or individuals.
Revision of the Articles of Association must be voted for approval by the Council and reported to the General Assembly for review.
Revised Articles of Association shall not take effect until being approved by business departments in charge and authorized by registration institutions within 15 days after approval from the General Assembly.
In the case of voluntary dissolution of IBA or dissolution due to the fulfillment of purposes, merger, split-up or other reasons, a Motion to Terminate must be initiated by the Council.
Motion to Terminate must be voted for approval by the General Assembly and reported to business departments in charge for review and approval.
Before termination of IBA, liquidation groups must be formed under the guidance of business departments in charge and institutions concerned to settle credits and debts, and to appropriately handle after-liquidation matters. No other activities shall be carried out throughout the liquidation process.
Termination of IBA takes effect upon the cancellation of registration by the registration administrative authority.
Properties remaining from liquidation after termination shall not be illicitly seized or privately distributed among any units or individuals. Hereby mentioned properties must be used for purposes closely related to IBA’s mission and vision in accordance with relevant state regulation and under the supervision of business departments in charge and registration administrative authorities.
The Articles of Association is (to be) voted for approval by the General Assembly.
IBA Council reserves the right for final interpretation of the Articles of Association.
The Articles of Association come into effect on the date of approval by the registration administration authority.