Project acronym : ABACUS
Project title: Algae for a biomass applied to the production of added value compounds
Start date: 01/05/2017
Duration: 36 months
H2020 -BBI-JTI Project Grant Agreement number: 745668
Project Total Cost: € 5,135 ,861
EC Contribution/Funding: € 4,653,659
Programme acronym: BBI-2016-RIA
Subprogramme area: Exploiting algae and other aquatic biomass for production of molecules for pharma, nutraceuticals, food additives and cosmetic applications
Funding scheme: Collaborative project
ABACUS is a 3-year project aiming at a business-oriented and technology-driven development of a new algal biorefinery, thereby bringing to the market innovative algae-based ingredients for high-end applications, with focus on algal terpenes for fragrances to long-chain terpenoids (carotenoids) for nutraceuticals and cosmetic actives.
The concept of ABACUS will associate several interdisciplinary approaches in order to support a high-value products market development oriented :
CEA is a French government-funded technological research organisation in four main areas: low-carbon energies, defense and security, information technologies and health technologies. A prominent player in the European Research Area, it is involved in setting up collaborative projects with many partners around the world.