Called AlgaePARC, it has served as a hub of technology development for microalgae production and biorefinery, supporting SMEs and start-ups since 2016 by giving them access to some of its facilities. Two companies – FUMI and Algreen – have so far been founded, based on research carried out at AlgaePARC. Three other SMEs are currently using AlgaePARC’s facilities.
AlgaePARC will use the REACT-EU funding to support a variety of SMEs and start-ups with the development of business cases for new technologies and products, to help them attract investors and ensure that these solutions can actually materialise and get onto the market.
Maria Barbosa, professor of bioprocess engineering at WUR, explains: “This will in turn support the transition to a circular and sustainable bio-economy. AlgaePARC 2.0 will be able to offer access to new screening systems that can select algae strains more quickly, and the facility will also develop a biorefinery unit capable of isolating functional ingredients as well as biomass. Production and testing capacity will also be expanded at the laboratory, pilot and demonstration levels, and innovative sensors will be introduced to enhance product quality.”
“Demand for these facilities is growing, so AlgaePARC needs to make new investments and increase its capacity to host SMEs and start-ups,” said Petra Roubos, manager of shared research facilities at WUR, in a press release.
Roubos emphasised that these organisations are able to accelerate the roll-out of their innovations due to the additional space to test and develop new technologies for microalgae production and biorefinery.
“Investing large sums into the development phase is a high-risk activity and it’s difficult for individual businesses to secure that kind of funding, in this way the get support they need,” she explains.
WUR is a world leader in the field of microalgae production and biorefinery. Its work in this field focuses on the development of a sustainable, commercial supply chain for foods, animal feed, chemicals, materials and fuels, based on microalgaes. AlgaePARC is helping to achieve this through scientific advances and the commercial exploitation of those advances.