Following the successful launch of Green Light, the world’s first algae biotech accelerator program in September 2018, applications for Round 2 are now open for NSW based small to medium sized enterprises (SMEs) and startups.
The Green Light accelerator program is part of a partnership between the University of Technology Sydney (UTS) and the NSW Government’s Boosting Business Innovation Program that helped establish the ‘Deep Green Biotech Hub’ (DGBH) at UTS in 2016.
Dr Manoj Kumar (L) and Ms Jo Lane, Sea Health Products
Successful applicants for the five month Green Light accelerator program will have access to seed funding of up to $20,000, research expertise and mentoring, masterclasses and networking opportunities to support research and development into algae-based products and services.
Deputy Premier and Minister for Industry and Trade John Barilaro said through the ‘Boost’ program the NSW Government has provided $18 million to the state’s 11 universities and the CSIRO to work with businesses to create great new ideas and products.
Read the full story in Climate Change Cluster News.