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Enhancing the lutein content of Marigold

Objective

Hudson River Biotechnology (HRB) aims to disrupt the global market for purified lutein. Marigold is the crop used to produce 95% of global pure lutein and we will significantly increase lutein content of this crop through manipulation of gene expression, based on an existing proof of concept. The technical feasibility of modulating gene expression in marigold (stable lines that can be regenerated) has been demonstrated. In this phase 1 project, HRB will further research the feasibility of this business case, with a focus on complying with relevant international regulatory aspects. In addition, we have a collaboration with Wageningen University, among the world’s foremost agricultural research institutes, to work towards a major technical milestone: proof of concept that manipulating gene expression in marigold results in significantly increased lutein yields. Both the technical feasibility and interest from the market are independently confirmed in attached letters of recommendation. One recommendation is from one of the largest commercial players in this market, who will also serve as an advisor to this project. As such, even though HRB is currently in startup phase, the project is well de-risked.

Fields of science (EuroSciVoc)

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

HUDSON RIVER BIOTECHNOLOGY BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
NIEUWE KANAAL 7 V
6709 PA WAGENINGEN
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Oost-Nederland Gelderland Veluwe
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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