Deadline: 17-Nov-22
Have you got an algae business or business idea that you are ready to grow? If yes, then apply for the fourth cohort of the Deep Green Biotech Hub’s flagship Green Light Accelerator Program.
Green Light is a 12-week accelerator program running from February – May 2023 dedicated to supporting the development of algae biotech solutions, products and services in NSW across a broad range of industries – from innovations to optimize algae growth and deliver biomass to the wholesale market, or products and services using micro or macroalgae for aqua-and-agriculture, bioproducts, food and materials.
The program leverages the algae biotechnology research strength of the University of Technology Sydney (UTS) Climate Change Cluster (C3) to support the research and development of algae-related projects put forward by NSW small to medium enterprises (SME’s) and start-ups (including entrepreneurs), prioritising projects underpinned by an approach to sustainability.
Successful teams within the program will gain access to seed funding, as well as support from UTS in the form of research mentorship (and associated support). Teams will also have access to selected masterclasses, and networking and industry events offered through UTS and associated organisations.
Assistance and resourcing will be leveraged for the product to reach proof-of-concept stage; with the graduating teams leaving the program with a plan for further investigation, research, scaling, or production.
Benefits
Supported by the Investment NSW "Boosting Business Innovation Program", Green Light is open to all NSW-based SME’s and start-ups, offering you:
- Membership to the world’s first algae biotech accelerator program.
- Curated entrepreneurial support across 3 months (February-May 2023), targeting your business goals.
- Access to research mentorship from leading algae experts at the University of Technology Sydney's Climate Change Cluster.
- Up to $15,000 AUD in seed-funding.
- Connection to workshops and networking opportunities with industry and innovation leaders, academics and entrepreneurial experts within the UTS Innovation Ecosystem.
Eligible Projects
To be apply for Green Light, applicants must demonstrate a compelling idea or algae business, that they're pursuing a large market, and that they plan to (or are currently) approaching that market in a scalable fashion.
Any stage of start-up or SME project can apply to join, even if their project is just an idea. Teams will work in conjunction with DGBH and UTS to develop their idea in the application stages for the program, and will work to accelerate their project throughout the course of the program,
Projects can be based in:
- A sustainability-based project (i.e. carbon offset; green chemistry; circular economy).
- Agriculture.
- Aquaculture.
- Food and beverage.
- Neutraceuticals.
- Waste water remediation.
- Environmental remediation.
- Algal growth or harvesting systems.
Eligibility Criteria
Green Light is open to SME's or startups with:
- An ABN registered in NSW.
- A business or business idea that involves an algae-based product or service ("solution").
- Priority selection will be given to those projects with a sustainability aspect.
For more information, visit UTS.
For more information, visit https://bit.ly/3QSyyBU