The European Commission selects AlgaEnergy as one of the 6 SMEs with the greatest growth potential in Europe
The European Commission, through the Executive Agency for Small and Medium Enterprises (EASME), has selected AlgaEnergy as one of the SMEs with the greatest growth potential on the continent, within the framework of the Horizon 2020 European Strategic Development Program.
The company was already pre-selected at the end of 2014, accessing Phase I of the exclusive SME Instrument program, a milestone that resulted in a 50 k Euros non-reimbursable grant in addition to some coaching sessions, resources that had to be invested in increasing the consistency of its business plan. After two years of analysis process, the European Commission has selected AlgaEnergy as a company with high growth potential and of strategic importance for Europe, which is why it will finance its 70% of its business plan in the course of the next 24 months, with non-reimbursable funds. Since 2014, only 6 companies in its category have achieved this recognition in Europe, an institutional support at the highest level.
In connection with this action, the European Commission has issued a Seal of Excellence, signed by Ms. Corina Creţu, Regional Policy Commissioner, and Mr. Carlos Moedas, Commissioner for Research, Science and Innovation, supporting and recommending the business project of AlgaEnergy, for having succeeded in "a highly competitive evaluation process".
"This recognition by the European Commission make us very proud because we know what it represents, and specially having been selected as the only algae company in Europe so far. We will make every effort to match this honor and exceed the most demanding expectations, and with the valuable support of the European Commission, demonstrate that microalgae have the potential to become a source of sustainable and inexhaustible high quality raw materials, strategic for Europe. In Spain, and in particular in AlgaEnergy, we have concentrated unparalleled talent and knowledge, which will contribute to achieving that goal ", explains Mr. Augusto Rodriguez-Villa, President of AlgaEnergy.
For more information about the SME Instrument Program follow this link:
The event brings together a large community of 2,000 enterprise participants and 95,000 visitors spanning 140 countries and 18 sectors.07 September, 2021
Our Regional Leader for Latin America South and East Africa, Fabricio Benatti, led a round table on 'Creating the Right Value Proposition for Biologicals'.13 July, 2021
This represents a significant capital increase that AlgaEnergy and its management team will leverage to strengthen its international footprint.12 July, 2021
It was an interesting opportunity to not only share our company story, but also our unique journey from start-up to global leader and our learnings along the way.06 July, 2021
During the 3-day event, the company introduced SynCro™️, its line of new biostimulants based in microalgae developed exclusively for the French market01 July, 2021
Organized by the leading debate organization in Spain, Nueva Economía Forum, the conference will be broadcasted live and on streaming, next Wednesday 26th of May.17 May, 2021
The biotechnology company joins the more than 12,500 signatories of this initiative around the world, which seeks to strengthen private sector alliances to achieve the SDGs.21 April, 2021
The biotechnology company has been selected as a finalist in two important categories: International Development and SME of the year.14 April, 2021
The microalgae biotechnology company joins 3,800 B Corporations worldwide that are reinventing business by pursuing purpose as well as profit.23 March, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, participated in a round table that highlighted the role of biotechnology as a strategic sector for the economic recovery of Spain and Europe.04 March, 2021