CORDIS · 836451 · H2020

FUCOPRO Fucoxanthin production from microalgae Isochrysis galbana - a solution to solve the global obesity

Coordinator: ALGALIF ICELAND EHF (IS)

Obesity has already reached epidemic proportions. In 2016 more than 1.9 billion adults worldwide were overweight, thereof 650 million obese. In Europe alone weight problems and obesity are increasing at a rapid rate with over 50% of EU's population overweight in 2014. Alone, adult obesity takes up roughly 7% of national healthcare expenditure of individual countries and is estimated to cost the EU 70 billion euros annually through healthcare costs and lost productivity. Current solutions are not working. This is where Algalif's revolutionary solution - a commercial fucoxanthin production from…

EU contribution
€50k
Total cost
€71k
Period
2018-12-01 → 2019-03-31
Framework
Horizon 2020 (2014–2020)
Funding scheme
SME-1
Call
H2020-EIC-SMEInst-2018-2020
Status
CLOSED

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 0.3 years from 2018-12-01 to 2019-03-31.

Full record on CORDIS — partners, deliverables, publications, news.

Open on cordis.europa.eu → Grant DOI ↗

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-EIC-SMEInst-2018-2020.
Who coordinates the project?
The project is coordinated by ALGALIF ICELAND EHF (IS).
What is the project timeline?
The project runs from 2018-12-01 to 2019-03-31 — approximately 0.3 years.
Where can I find the full project record?
The complete record — partners, deliverables, publications and news — is published on CORDIS under project ID 836451.