Investments & Finance
Scottish Enterprise Backs Green Bioactives with £1.1 Million Grant for Plant-Derived Product R&D
Vegconomist • Apr 14, 2025
Green Bioactives, a Scottish biotechnology company, has received a grant of up to £1.1 million from Scottish Enterprise to support a research and development project focused on scaling up the production of plant-derived bioactive ingredients using their proprietary Plant Cell Culture Technology platform. This project aims to meet the growing demand for eco-friendly and ethically sourced ingredients, offering alternatives to those sourced from wild-harvesting or synthetic processes.
The funding from Scottish Enterprise is part of ongoing support for Green Bioactives, reflecting their progress in expanding research and development efforts and manufacturing capabilities. Dr. David McElroy, CEO of Green Bioactives, expressed gratitude for the funding, mentioning that it will accelerate the progress of their biomanufacturing platform and transform the sustainable production of high-value, plant-derived ingredients across multiple industries. Scottish Enterprise sees Green Bioactives as a prime example of the kind of ambitious and innovative companies they aim to support for growth in Scotland.
*This summary was generated using AI.
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