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Whey2Value: valorising waste whey into high-value products

Objective

ACIES BIO has developed an innovative and disruptive high-value technology to address a major economical and environmental challenge of the world’s dairy industry: waste whey. Over 200 million tons of whey is generated annually, and only limited economical solutions exist to process it. The innovative patent pending technology Whey2Value uses a unique bioprocess to utilize whey as a primary ingredient for microbial fermentation to produce sustainable high-value products, such as vitamin B12. The technology greatly reduces the negative impact on the environment by almost eliminating the organic content of the wastewater, allowing for its recycling, while the product of the technology is a protein-rich biomass with high content of vitamin B12 to be used as a very high quality animal feed to complete the dairy industry’s circle. The innovation W2V is perfect example of how circular economy should work. The Whey2Value technology requires a very low-cost processing facility, which can be installed on site, and minimal maintenance costs. It represents a truly unique opportunity to create a huge and disruptive impact on dairy industry, particularly for the competitiveness of small and medium sized European dairy companies, generating high-value products from waste material, and at the same time creating a sustainable solution with a greatly reduced burden to the environment. The objective of this project proposal is to prepare a thorough business plan and feasibility study in the scope of Phase 1, followed by scaling-up and demonstration of operational technology in industrial setting with a local dairy company in the scope of Phase 2. The technology is ready for industrial demonstration, which will be followed by EU and global commercialization of Whey2Value. We expect a rapid worldwide market adoption of this disruptive eco-biotechnology.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/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

ACIES BIO BIOTEHNOLOSKE RAZISKAVE IN RAZVOJ DOO
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
TEHNOLOSKI PARK 21
1000 Ljubljana
Slovenia

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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
Slovenija Zahodna Slovenija Osrednjeslovenska
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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