MAGNIFICENT - Microalgae As a Green source for Nutritional Ingredients for Food/Feed and Ingredients for Cosmetics by cost-Effective New Technologies, is a 4-year project funded by BBI-RIA (Bio-based Industries Research and Innovation Action) with an EU contribution of EUR 5.330.572,50.
The MAGNIFICENT consortium has 16 partners from 7 EU countries including 10 SME's, 3 LE's, 1 University and 2 RTO's, and comprises commercial partners in the entire value chain at the 3 target markets. MadeBiotech is a proud partner of MAGNIFICENT with the important role of optimising extraction and purification methods to obtain high value products with increased biological activities.
The overall objective of the MAGNIFICENT project is to develop and validate a sustainable and economically feasible new value chain based on cultivation and processing, with the aim to transform microalgae biomass into valuable ingredients for food, aquafeed and cosmetics applications. Development and validation of new product formulations of microalgae are included in the project.
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This project has received funding from the Bio Based Industries Joint Undertaking under the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 745754