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Integrated rational design of cell factories for high value compounds

Objective

Industrial biotechnology is being increasingly considered as a means to lower the dependency on oil-derived raw-materials, increase the use of renewable resources and reduce the use of water, energy and the production of CO2 emissions in the current chemical industry. However, although generally more sustainable and environmentally friendly, bioprocesses are normally not yet economically competitive. SILICO develops rational solutions for the optimization of microbes, targeted at the robust and cost-effective production of target compounds such as bio-fuels, food ingredients, chemical building blocks or biopolymers.
After more than six year working closely with leading chemical, materials, agriculture and synthetic biology companies as a development partner to maintain their market edge in increasingly competitive markets. The main current challenge of the company and central objective of this innovation action is to move from a purely service provider company into a product provider company, working in the integrated development of bio-processes, from the in silico design of cell factories to the in vivo implementation by the company itself or in a joint-venture/partnership model.
The company expects that, with the collaboration of the Innovation Associate, an innovation strategy exploiting the design of optimized microbes to overproduce selected high value chemicals with high market potential will be defined, thus generating its own IP to be licensed out or used in joint ventures with industrial partners.
As part of the Magyc project SILICO, with the collaboration of the Innovation Associate, aims at the development of a strategic plan to expand its operations into an integrated rational development company, exploiting the uniqueness features of its core technology and acquiring the required wet lab competences.

Fields of science (EuroSciVoc)

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Programme(s)

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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.

CSA - Coordination and support action

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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-INNOSUP-2016-2017

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Coordinator

SILICOLIFE LDA
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.

€ 110 875,00
Address
RUA DO CANASTREIRO 15
4715 387 Braga
Portugal

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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
Continente Norte Cávado
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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.

€ 110 875,00
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