New funding announced for biotech scale-ups

A new fund has been launched by the Industrial Biotechnology Innovation Centre (IBioIC) to help biotech companies access specialist facilities, equipment and resources.

The Facilities Access Fund will allow businesses to apply for grants of up to £10,000 to support critical research and development projects.

The initiative has been specifically designed to ease and encourage access to Scottish university-based facilities, including IBioIC’s two Scale-Up Centres, that are critical to the development of new bio-based processes and materials.

Projects must be led by an industrial partner and can cover a range of biotechnology applications such as bio-refining, food and drink, bio-manufacturing, waste management, textiles and agri-tech.

Companies looking to access the fund are invited to get in touch with IBioIC to discuss their application in the first instance, before having their submission assessed on its economic contribution, technical viability and additional benefits for Scotland, such as job creation or environmental impact.

Read more HERE.