Bionema Secures 'Innovate UK' Grant
Swansea based Bionema Ltd is a market-leader in the field of biotechnology.
They have now received a grant from Innovate UK to support the company’s continual development of its bioinsecticide microencapsulation formulation. This delivers an effective alternative to chemical pesticides.
This additional £98,000 Continuity Grant complements a initial £1.0 million in joint funding support from Innovate U.K. and from the Welsh Government’s SMART Cymru.
Effective Biopesticide Products
Dr Minshad Ansari, a world-leading biopesticide expert who leads Bionema’s research team, says: “The funding is helping the company to continue the development of its microencapsulation formulation and delivery systems, which is crucial to the development of effective biopesticide products."
“Biopesticide formulation and its targeted delivery is a more stable and sustainable approach for controlling these pests that are causing billions of dollars of crop damage on a world-wide scale.”