AlgaePARC is a pilot facility run by Wageningen University & Research (WUR). For the past 10 years it has served as a hub of technology development for microalgae production and biorefinery. The EU recognises the importance of microalgae in achieving a transition to a green and circular economy, and its REACT-EU programme recently awarded AlgaePARC funding which will enable SMEs to further develop their innovative technologies at the facility, drawing on the expertise available within WUR.
AlgaePARC has been supporting SMEs and start-ups since 2016 by giving them access to some of its facilities. Two companies - FUMI and Algreen - have so far been founded based on research carried out at AlgaePARC. Three other SMEs are currently using AlgaePARC's facilities.