In an effort to create affordable and sustainable production, a new Northern Dutch consortium, is going to develop an innovative and far more sustainable method to drastically reduce the production cost of thermoplastic composites. The project, called Luxovius, is financially backed by SNN and the Groningen and Drenthe provincial governments, with a sum of €3.5 million. The project should also create 25 new jobs.
Thanks to a joint investment from the Economic Board Groningen and others, BioTX is able to take a giant leap forward in their ambition to create a factory producing widely used chemicals on a large scale, in a completely sustainable and circular way. Three existing shareholders and two new ones decided to finance the amount necessary. Carduso Capital, Lynnovation and Vries Beheer followed up on earlier investments, the GROEIfonds of the Economic Board Groningen and the NOM decided to co-finance.
Eurosonic/Noorderslag, Europe’s biggest music showcase and industry festival will kick into full gear this week. Aside from hundreds of bands to choose from, there are a couple of cool prototypes being tested too, like smart trash cans and edible cups. And this week is also Chordify’s birthday, which they will be celebrating in style.
A few months back, the Economic Board Groningen (EBG) launched an international search to come up with new and innovative ways to make the chemical industry in the Northern Netherlands more sustainable. More than 200 international scale-ups answered the call and this week, the German company CFK Recycling was declared the winner of the Sustainable Industry Challenge, winning €100,000 to set up a pilot project.
EV Biotech joined the BeStart accelerator program this year and recently announced a major breakthrough in their sustainable and revolutionary way of producing vanilla. The startup genetically modifies microorganisms to produce vanilla and other chemicals on an industrial scale and, with their breakthrough, tackled one of the biggest obstacles in their production process.
Startup in Residence alumnus Zupr, the Groningen City Club and delivery startup Dropper launched Warehouse Groningen yesterday, a pilot project and online platform to pinpoint where products are sold locally, along with same day sustainable delivery. The first 1.000 orders will be delivered free of charge.
An overview of awesome initiatives to boost your startupEcosystem initiatives
Aiming for the rebirth of ties by making and designing very exclusive, limited edition, fair and eco ties.
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