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Devenish and Mara Renewables secure funding towards a human health solution

Devenish and Mara secure funding to develop algae-derived products.

Northern Ireland headquartered agri tech company Devenish and Canadian partner Mara Renewables Corporation (Mara) have secured funding support to develop algae-derived products that will improve human and environmental health.

Devenish is receiving funding of up to £384,216 from Innovate UK and Mara Renewables Corporation is receiving advisory services and research and development funding of up to $376,247.00 (CAD) from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).

The result of a joint bid with Canadian headquartered biotech company Mara, the partners will use the funds to develop an innovative algae-derived poultry feed with the aim of improving human health worldwide.