Click here for more information about Algenuity
Click here for more information about Liqofluxphenometrics515R1
Visit cricatalyst.com!Evodos Separation Technology

Scale Up

Deep Green Biotech Hub incubator launched in NSW

August 19, 2016
AlgaeIndustryMagazine.com

Algal biosystems research going on in Australia at the University of Technology, Sydney

Algal biosystems research going on in Australia at the University of Technology, Sydney

In Australia, the New South Wales Deep Green Biotech Hub (DGBH) has been launched as an enabling incubator environment to foster the development of algae as a cost effective and sustainable resource. The incubator will facilitate a diverse range of products including nutritional supplements, cosmetics, industrial chemicals and animal feed, in collaboration with the University of Technology Sydney and other stakeholders.

The hub will be located in the center of the UTS $1.3 billion city campus providing users with ease of access to other leading University facilities, research talent and transport. A $1 million grant by the NSW Department of Industry, together with UTS contributions, will help fund the $9 million project. This grant from the NSW Government aims to put NSW at the forefront of the Australian algae-based biotechnology industry, as well as connecting it to key international leaders.

UTS have invested heavily not only in implementing sustainable policies, supporting research into bio-products from renewable sources, such as algae, but also in fostering an entrepreneurial and creative precinct where the commercialization of such products can be explored.

The recent establishment of the Centre for Industrialised Algae, the first of its kind in Australia, positions UTS to integrate multiple aspects of the emerging advanced biomanufacturing economy. “The work being done at the University of Technology Sydney to support the algae-based bio economy both here and abroad is a fantastic example of the kind of innovation we’re driving in NSW to encourage and strengthen the businesses that will create the jobs of the future,” said NSW Minister for Small Business, John Barilaro. “Funding through the Boost Program will help to accelerate local industry development and support better research and business networks.”

Professor Peter Ralph, Director of the UTS Climate Change Cluster said that an important outcome will be will be bringing together of science, engineering and industry, both big and small, to understand what is possible in the new bioeconomy, and how to access the knowledge to successfully exploit this new global market. “This far sighted investment will also enable SME and start-ups to access pilot manufacturing facilities to validate the production of samples for a range of sectors including the pharmaceutical, industrial enzyme and aquaculture feedstock industries,” he said.

The hub will also connect with University-wide entrepreneurship programs, such as the UTS: Hatchery, to engage with students to develop new companies and technologies and more quickly identify commercial opportunities for the algae-based biotechnology sector.

Funding for the project by the NSW Government will be spread over two years commencing from July 2016.

More Like This…

HOME A.I.M. Archives

Copyright ©2010-2018 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.

twittertopbarlinks_eventstopbarlinks_requesttopbarlinks_archives

From The A.I.M. Archives

— Refresh Page for More Choices
In one of the most comprehensive studies to date, University of North Carolina at Chapel Hill researchers have sequenced the genes of a harmful algal bloom, unveiling nev...
Fraunhofer-Gesellschaft reports in Science Daily that two algae species survived 16 months on the exterior of the International Space Station (ISS) despite extreme temper...
Essen, Germany-based Evonik, and Royal DSM, headquartered in Kaiseraugst, Switzerland, have announced their intention to establish a joint venture for omega-3 fatty acid ...
The genome of the fuel-producing green microalga Botryococcus braunii has been sequenced by a team of researchers led by a group at Texas A&M AgriLife Research. The r...
Qualitas Health, an algae-based health and nutrition company headquartered in Texas, has announced a long term, strategic partnership with commercial crop producer Green ...
Monica Jain of Fish 2.0 writes in National Geographic about how the algae brand is about to undergo an image makeover, and may soon seem flat-out glamorous — once again. ...
ExxonMobil and Synthetic Genomics Inc. have announced that, in joint research into advanced biofuels, they have modified an algal strain to more than double its oil conte...
The U.S. Department of Energy (DOE) has announced the selection of three projects to receive up to $8 million, aimed at reducing the costs of producing algal biofuels and...
Carlsbad-based Surftech, a stand-up paddle (SUP) and Surfboard manufacturing company has announced its collaboration with BLOOM, a materials development company, to devel...
Researchers at ETH Zurich, Empa and the Norwegian research institute SINTEF are pursuing a new approach to treating arthritis. This is based on a polysaccharide, a long-c...
The United States Department of Energy (DOE) announced that the University of New England was awarded a three-year, nationally competitive research grant for $1,321,039 f...
Jeff Gelsky writes in Meat+Poultry that Corbion executives have given insights on how its September 29 acquisition of TerraVia Holdings Inc., an algae-based ingredients c...