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Written by / Agency / Source: National Algae Association
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First Commercial-Scale Algae Production Incubator Starting in U.S - The National Algae Association is starting a new algae production incubator to help lower the cost and risks as scale-up build-outs begin in the algae production industry
First Commercial-Scale Algae Production Incubator Starting in U.S

 

NewswireToday - /newswire/ - The Woodlands, TX, United States, 2010/06/24 - The National Algae Association is starting a new algae production incubator to help lower the cost and risks as scale-up build-outs begin in the algae production industry.

   
 
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It will be the first commercial-scale algae production incubator in the US, allowing algaepreneurs to scale-up on acreage, and universities to move their technologies into the market.

Algaepreneurs, colleges and universities interested in scaling-up commercial-scale technologies (i.e., growing, harvesting and extraction methods and processes) will have the opportunity to join the new algae production incubator. Acreage, water, research services, lab space, benchmarking and management services will be made available to assist in lowering start-up costs and risk of commercial scale-up issues. Clusters of algae producers will share equipment and research services. The NAA also aims to serve algae production start-ups with services linked to investors, lenders, lawyers, accountants and other professionals. An advisory board of business leaders and algae researchers determines admission into the program.

The Algae Incubator Process:

Step 1: Submission of Incubator start-up company Preliminary Review Questionaire, accompanied by a complete business plan and financial projections to the National Algae Association for review.

Step 2: Review of information to determine a suitable match of acreage and services for the algaepreneur. This step includes entry of data into the incubator data base.

Step 3: Once a potential match has been found, your data will be forwarded to the host company (land owner) for review to determine how much acreage and water will be needed. If the host company expresses an interest in your company, you will be contacted to set up an appointment and begin negotiations.

Step 4: If negotiations between algaepreneurs and the host company are successful, the appropriate documentation is signed, and the new algae start-up incubator company is hatched!

 
 
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Written by / Agency / Source: National Algae Association

 
 

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First Commercial-Scale Algae Production Incubator Starting in U.S

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Publisher Contact: Barry Cohen - NationalAlgaeAssociation.com 
936-321-1125 info[.]nationalalgaeassociation.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any National Algae Association securities in any jurisdiction including any other companies listed or named in this release.

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