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New funding for biotechnology scale-ups in Scotland

Envirotec Magazine

A new fund has been launched by the Industrial Biotechnology Innovation Centre (IBioIC) to enable biotech companies to access specialist facilities, equipment and resources. IBioIC’s Facilities Access Fund will allow businesses to apply for grants of up to £10,000 to support critical research and development projects.

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Sharks, beauty and synthetic biotech

GreenBiz

Synthetic biotechnology is projected to surpass $61 billion in revenue by 2030, driven by companies interested in shifting sourcing strategies away from petrochemicals or practices harmful for biodiversity.

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Unilever invests in biotech alternatives to palm oil for greener cleaning

GreenBiz

New $120m venture aims to scale up biotechnology alternative to palm oil and fossil fuels used to make everyday products.

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BSI publishes net zero blueprint for scaling industrial biotechnology sector

Business Green

National standards body partners with government innovation agency InnovateUK and the Industrial Biotechnology Leadership Forum on major new report setting out full potential for bio feedstocks.

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New funding to support growth of Scotland’s bioeconomy

Envirotec Magazine

New funding available from the Industrial Biotechnology Innovation Centre (IBioIC) aims to help grow Scotland’s bioeconomy. Initiatives that have secured funding previously include a wide range of industrial biotechnology applications – from low-carbon construction materials made from bacteria to lithium-ion batteries derived from seaweed.

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Start-up providing sustainable Omega-3 secures £2.3m funding

Envirotec Magazine

Edinburgh-based biotechnology start-up MiAlgae has secured further investment of £2.3m Championing the circular economy, the company has developed a novel biotechnology platform which uses low-value coproducts from the food and drink industry as a feedstock to initially grow microalgae rich in Omega-3 oils.

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Will alternative proteins disrupt textiles?

GreenBiz

The same biotechnological improvements that are contributing to the rapid growth in alternative food proteins are also opening new possibilities for textiles and materials.