Algae business accelerator gets a green light
Erica Leal and Peter Ralph

Algae contain valuable compounds. Erica Leal and Peter Ralph with benchtop algae bioreactor

The world’s first biotech accelerator dedicated to innovation in algae-based products and services is open for business, with applications being sought from NSW-based startups and small businesses.

The Green Light accelerator program is a result of a successful University of Technology Sydney (UTS) partnership with the NSW Department of Industry through the Boosting Business Innovation Program that helped establish the Deep Green Biotech Hub in 2016.

The five-month program gives successful applicants access to seed funding up to $20,000, as well as R&D support, research expertise and mentoring, masterclasses and networking opportunities through targeted events.

Read the full story in the UTS Newsroom.

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