Objective
Microalgae can be of great benefit as a food source, as a natural source for a wide range of products and as biomass for production of biofuels as they can replace synthetic and/or fossil biomass, but they are far from reaching their commercial potential, because their cultivation is expensive and inefficient, limiting their use to high-value markets. An important product derived from microalgae is naturally produced Astaxanthin that can replace the current synthetically produced Astaxanthin used in salmon feed. For health reasons, consumers and regulators have started demanding replacing synthetic sources of Astaxanthin by natural sources.
Brevel has created a novel microalgae cultivation system based on an internally illuminated photo bioreactor. Our system allows for microalgae production to become affordable and enables the stable cultivation of microalgae at a high capacity and resource efficient method. The unique approach lies in the internal volumetric illumination by concentrating and transporting sunlight by optical fibers.
Brevel Ltd. was founded by three brothers in 2016 whose background is in microalgae production, physics and healthcare. The company is owned by the founders who invested €350,000 of their own savings as seed funding.
Whilst the total market size for microalgae is almost €3 billion, we will first target the Astaxanthin market that had a €600 million size in 2016. Over 90% of this is manufactured synthetically due to the lower production cost. We would be the first to be able to compete with the synthetic alternative with natural Astaxanthin, which would greatly profit EU consumers who have access to eat healthier salmon.
With the Phase 1 project, we want to study the feasibility of creating a small-scale and then large-scale production plant (with 5 and 50 production systems respectively). Once we succeed, our initial product will be Astaxanthin sold to salmon feed manufacturers at a price comparable to the current synthetic one.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.
- engineering and technology materials engineering fibers
- engineering and technology environmental biotechnology bioremediation bioreactors
- natural sciences physical sciences optics fibre optics
- engineering and technology industrial biotechnology biomaterials biofuels
- agricultural sciences agricultural biotechnology biomass
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
7634912 Rehovot
Israel
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.