twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Readers Poll Check out more of The Buzz spacer

Algatechnologies joins FoodConnects consortium

November 30, 2016
AlgaeIndustryMagazine.com

Algatech farm in the Israeli desert

Astaxanthin cultivation at Algatech’s farm in the Israeli desert

Algatechnologies Ltd (Algatech), of Kibbutz Ketura, Israel, has become part of the FoodConnects consortium, as winner of a pan-European competition for the Food4Future project. This Knowledge and Innovation Community (KIC) sponsored project has broad coverage in EU member states and associated countries, being a unique partnership of 50 leading companies, universities and scientific organizations covering the entire food value chain.

Algatech was chosen by the KIC leaders to be the sole algae player participating in the €1200 million initiative. It will work within the European Institute of Innovation and Technology (EIT) Food sector to develop new food sources from microalgae utilizing its state-of-the-art technologies and expertise.

Each of the consortium partners is committed to jointly transform the ways in which we produce, distribute and consume our food. Over the next seven years, the partners will invest close to 1200 million euros, matched with up to 400 million euros financed by the EIT.

Algatech has initiated discussions with other KIC partners to review and select innovative algae sources with important nutritional properties as potential food sources.

“The EIT Food program meets our vision to invest in the development of unique microalgae ingredients which can improve nutrition for human well-being,” said Hagai Stadler, CEO of Algatechnologies. “Microalgae contains key ingredients for humans and will become an increasingly important element of our future diet. We consider it an honor to be invited to join such a notable group, and are totally committed to playing our part as we work towards mutual success.”

Peter van Bladeren, Vice President of Nestec, Global head Regulatory and Scientific Affairs for Nestlé, and Chair of the Interim Supervisory Board of EIT Food, said that, “EIT Food is committed to create the future curriculum for students and food professionals as a driving force for innovation and business creation; it will give the food manufacturing sector, which accounts for 44 million jobs in Europe, a unique competitive edge.”

Algatech, develops and produces active ingredients sourced from microalgae, including AstaPure® natural astaxanthin, derived from non-GMO microalgae grown in sustainable, environmentally green, closed-cultivation systems powered by natural sunlight. The company is a founding member of the Natural Algae Astaxanthin Association (NAXA), and holds Kosher, Halal, ISO 9001/2000, HACCP and GMP international accreditations.

More Buzz…

HOME A.I.M. Archives

Copyright ©2010-2017 AlgaeIndustryMagazine.com. All rights reserved. Permission required to reprint this article in its entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeindustrymagazine.com. A.I.M. accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

Visit our 2017 International Reader’s Poll Platinum Sponsors

bigelow mbiolp_link sfcc

From The A.I.M. Archives

— Refresh Page for More Choices
Judy Siegel-Itzkovich writes in the Jerusalem Post that Dr. Iftach Yacoby and his research team at Tel Aviv University, in Israel, have genetically altered microalgae to ...
Jill Fehrenbacher writes in inhabitat.com that when it comes to design, Mother Nature has a lot to teach us. The field of Biodesign has emerged as an exciting new discipl...
Cellana, Inc., a leading developer of algae-based products for sustainable nutrition and energy applications, and PIVEG, Inc., a leader in high-specification ingredients ...
Algae Health Sciences, Inc., a subsidiary of BGG, has announced that it has submitted a New Dietary Ingredient (NDI) to the US FDA for its flagship product AstaZine® Natu...
Forbes is running an interview with Bren Smith, an Ashoka Fellow and the founder of GreenWave, an organization dedicated to restoring oceans, mitigating climate change an...
Researchers at Iowa State University, in Ames, Iowa, are developing technology, using algae, that improves the efficiency of wastewater reclamation. The system uses verti...