With a DGGF Start-up Loan Microalgae Works B.V. (Microalgae) is able to set up an innovative algae cultivation facility in India together with the local subsidiary for the benefit of the food sector.With this finance a closed biological system is established in which the algae are grown. The extract that is extracted from the algae is the substance astaxanthin. This extract is used in the food industry, cosmetics industry, animal feed industry and some other industries.The investment consists of the purchase of machines and installations, the design of a laboratory, workspace and working capital.
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Sectors:
Sector code:
-
Sector vocabulary:
7
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Sector code:
-
Sector vocabulary:
7
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Sector code:
-
Sector vocabulary:
7
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Sector code:
-
Sector vocabulary:
7
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Sector code:
-
Sector vocabulary:
7
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Agricultural research
Sector code:
31182
- Agricultural research
Sector vocabulary:
1
-
OECD DAC CRS Purpose Codes (5 digit)
Agro-industries
Sector code:
32161
- Agro-industries
Sector vocabulary:
1
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OECD DAC CRS Purpose Codes (5 digit)
Participating Organisations
Name
Type
Role
Invest International
Private Sector
Funding
Microalgae Works B.V.
Private Sector
Implementing
Invest International
Private Sector
Accountable
Transaction
Transaction Value
Provider
Receiver
Type
Date
430,000
EUR
(Valued at Dec 03, 2020)
Provider N/A
Receiver N/A
Incoming Funds
date_range
Dec 03, 2020
430,000
EUR
(Valued at Dec 03, 2020)
Provider N/A
Receiver N/A
Disbursement
date_range
Dec 03, 2020
430,000
EUR
(Valued at Dec 03, 2020)
Provider N/A
Receiver N/A
Commitment
date_range
Dec 03, 2020
Budget
3,877,713
USD
430,000
EUR
(Valued at Dec 03, 2020)
date_range
Dec 03, 2020
-
Dec 31, 2020
430,000
EUR
(Valued at Jan 01, 2024)
date_range
Jan 01, 2024
-
Dec 31, 2024
430,000
EUR
(Valued at Jan 01, 2025)
date_range
Jan 01, 2025
-
Dec 31, 2025
430,000
EUR
(Valued at Jan 01, 2026)
date_range
Jan 01, 2026
-
Dec 31, 2026
430,000
EUR
(Valued at Jan 01, 2027)
date_range
Jan 01, 2027
-
Sep 30, 2027
430,000
EUR
(Valued at Jan 01, 2021)
date_range
Jan 01, 2021
-
Dec 31, 2021
430,000
EUR
(Valued at Jan 01, 2022)
date_range
Jan 01, 2022
-
Dec 31, 2022
430,000
EUR
(Valued at Jan 01, 2023)
date_range
Jan 01, 2023
-
Dec 31, 2023
access_time Updated on
Jun 28, 2024 08:51:07
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