Verum Ingredients received a new grant from the Small Business Innovation Research Program (Programa PIPE) by Fapesp (Research Funding Agency of Sao Paulo) in Brazil. This prestigious, highly competitive grant will enable the increase of our R&D activities in the field of upcycled prebiotic ingredients and botanical extracts. The total financial support received from Fapesp adds up to over R$ 1,5 million (US$ 300,000).
This is the third grant received from Fapesp. It reinforces the importance of Verum’s R&D program, which has been focusing on upcycling agricultural byproducts and botanical extracts as sources of functional food ingredients. Microbiome modulating ingredients is one of the fastest growing sales categories in the functional ingredients market and upcycled food is one of the strongest market trends in the food industry. High-volume agricultural supply chains in Brazil with large availability of byproducts are targeted on our R&D work that aims to develop and optimize industrial processes to produce upcycled prebiotic ingredients.
In this current grant, we will develop formulations using dietary fibers and botanical extracts, expanding the spectrum of action of the developed product. In this project we continue our partnership with the PhytoPharmaTech – Laboratory of Phytomedicines, Pharmacology, and Biotechnology – of São Paulo State University (UNESP – Botucatu – SP – Brazil) under the coordination of Prof. Dr. Luiz Claudio Di Stasi.
Read more about our second grant at https://verumingredients.com/news/our-prebiotic-rd-program-receives-further-financing-4/
