The BPA co-funds and undertakes research and development projects with companies by using the expertise at its partner organisations (AgResearch, Scion, Plant & Food Research and Callaghan Innovation), as well as universities.
Its goal is to generate additional revenue for New Zealand by working with the primary sector to get better value out of biological by-products, including those from forestry, marine, agricultural, horticultural, animal and microbiological streams. The BPA is funded by The Ministry of Business, Innovation and Employment (MBIE).