CORDIS · 736727 · H2020
Sustain-ALGae Sustainable Integrated micro-Algae Culturing System (Sustain-ALGae)
Coordinator: SAGANATURA EHF (IS)
Truly high profits wait for those that take algae culture to the next level. This has been known to the food and animal-feed industry for some time, as bio-mass produced by microalgae is both immensely valued and highly priced. Bioactive compound of the micro-algae in question is 5 % of the algae mass and the price is 10.000€/kg. The remaining 95% are high quality proteins and lipids used for fish feed and later for food. These highly valued and priced algae-based compounds are however a scarcity in today’s markets due to technical obstacles in algae farming as today’s reactors only enables h…
About Horizon 2020 (2014–2020)
Horizon 2020 was the EU's flagship research and innovation programme for 2014–2020, with a budget of around €77 billion. It bundled FP7's strands with the EIT and the Competitiveness and Innovation Programme, introduced a stronger societal-challenge orientation, and pushed the funding logic toward closer-to-market innovation. New calls closed in 2020 but funded projects continued through 2024.
Co-funding: the European Union contributes €50k toward a total project budget of €71k — a funding rate of 70%, with the remainder covered by the consortium partners. The project runs over approximately 0.4 years from 2016-08-01 to 2016-12-31.
Full record on CORDIS — partners, deliverables, publications, news.
Open on cordis.europa.eu → Grant DOI ↗More from IS
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Frequently asked questions
- Who funds this research project?
- This project is funded by the European Union through the Horizon 2020 (2014–2020) programme, under the SME-1 funding scheme.
- What is the EU contribution?
- The European Commission contributes €50k toward a total project budget of €71k.
- Which EU programme funds it?
- The project is funded under Horizon 2020 (2014–2020), call H2020-SMEInst-2016-2017.
- Who coordinates the project?
- The project is coordinated by SAGANATURA EHF (IS).
- What is the project timeline?
- The project runs from 2016-08-01 to 2016-12-31 — approximately 0.4 years.
- Where can I find the full project record?
- The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 736727.