Green Bioactives secures £100,000 Scottish Enterprise grant
Green Bioactives (GBL), an Edinburgh-based firm dedicated to the discovery, development and sustainable production of high value plant-based products, has been awarded a £100,000 Scottish Enterprise SMART grant.
This prestigious grant will fund a project aimed at producing a biomanufacturing platform for high-value molecules in the personal care industry.
These molecules are essential components used in a wide range of personal care products, including skincare, haircare, and cosmetics. By utilising sustainable plant-based methods, GBL aims to revolutionise the personal care industry, providing manufacturers with sustainable and reliable alternatives to ingredients derived from traditional harvesting methods.
The grant builds on advice, investment and capital funding previously provided by Scottish Enterprise to GBL in support of the company’s scale-up ambitions.
Dr David McElroy, CEO of Green Bioactives, said: “We are honoured to receive the Scottish Enterprise SMART grant.
“This funding will accelerate our efforts to develop innovative biomanufacturing platforms that can produce high-value molecules sustainably and efficiently.
“Our goal is to offer the personal care industry a viable alternative to traditional plant molecule extraction, ultimately reducing the environmental footprint of these products and promoting a more sustainable future.”