Alberta awards $4M to Ceapro, Radient, TerraVerdae for bio-based technologies

In Canada, Alberta Innovates Bio Solutions has awarded $4 million in grants to Ceapro, Radient Technologies and TerraVerdae BioWorks over the next three years to assist commercialization efforts for projects totalling more than $15 million.

Ceapro will be working on scaling up a technology that creates oat-based ingredients for cosmetics and personal-care products.  Radient is constructing a production plant where a patented microwave technology will extract premium ingredients from agricultural, forestry and marine materials for use in pharmaceuticals, nutraceuticals, food and cosmetics.

TerraVerdae’s technology scale-up uses micro-organisms to convert methanol derived from municipal waste, forestry or other waste sources into biodegradable plastic.