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Company Information:

Company Name:
ALGAEN CORPORATION
Address:
925 W NORTHWEST BLVD
Winston Salem, NC 27101-1215
Phone:
(336) 577-4354
URL:
EIN:
331015818
DUNS:
148076396
Number of Employees:
4
Woman-Owned?:
No
Minority-Owned?:
No
HUBZone-Owned?:
Yes

Commercialization:

Has been acquired/merged with?:
N/A
Has had Spin-off?:
N/A
Has Had IPO?:
N/A
Year of IPO:
N/A
Has Patents?:
N/A
Number of Patents:
N/A
Total Sales to Date $:
$ 0.00
Total Investment to Date $
$ 0.00
POC Title:
N/A
POC Name:
N/A
POC Phone:
N/A
POC Email:
N/A
Narrative:
N/A

Award Totals:

Program/Phase Award Amount ($) Number of Awards
SBIR Phase I $533,546.00 6
SBIR Phase II $499,866.00 1

Award List:

Biotechnology for Commercial Production of Edible Nostoc as a New Aquatic Crop Plant

Award Year / Program / Phase:
2003 / SBIR / Phase I
Award Amount:
$75,000.00
Agency:
USDA
Principal Investigator:
Abstract:
NON-TECHNICAL SUMMARY: Nostoc commune is an edible cyanobacterium forming the spherical macrocolony, which is used as a potent herbal medicine and dietary supplement. Due to its nutraceutical and pharmacological value, the N. commune has received increasing attention, and the market demand has grown… More

SBIR Phase I: Improving The Bioavailability of the Natural Antioxidant Astaxanthin from Haematococcus Pluvialis

Award Year / Program / Phase:
2003 / SBIR / Phase I
Award Amount:
$99,938.00
Agency:
NSF
Principal Investigator:
Fan Lu
Abstract:
This Small Business Innovation Research (SBIR) Phase I project proposes to improve the bioavailability of astaxanthin from the green algae, Haematococcus pluvialis, through molecular genetic manipulation of the organism. Natural astaxanthin is a potent bioactive antioxidant and offers tremendous… More

SBIR Phase I: Large-Scale Production of Stearidonic Acid from Microalgae for Human Health

Award Year / Program / Phase:
2006 / SBIR / Phase I
Award Amount:
$99,888.00
Agency:
NSF
Principal Investigator:
Fan Lu, Dr
Abstract:
This Small Business Innovative Research (SBIR) Phase I project demonstrates the feasibility of producing stearidonic acid from microalgae for human consumption to combat cardiovascular diseases (CVD). The cardiovascular benefits of fish oil enriched in omega-3 polyunsaturated fatty acids (n-3 PUFAs)… More

SBIR Phase I: An Innovative Photobioreactor for Commercial Production of Astaxanthin from Genetically Improved Haematococcus Pluvialis Strains

Award Year / Program / Phase:
2006 / SBIR / Phase I
Award Amount:
$98,866.00
Agency:
NSF
Principal Investigator:
Fan Lu, Dr
Abstract:
This Small Business Innovative Research (SBIR) Phase I project aims to develop an innovative large-scale photobioreactor for production of natural astaxanthin from Haematococcus strains. The phase I research plan is to construct and evaluate an innovative modular flat-plate photobioreactor for mass… More

SBIR Phase II: An Innovative Photobioreactor for Commercial Production of Astaxanthin from Genetically Improved Haematococcus Pluvialis Strains

Award Year / Program / Phase:
2007 / SBIR / Phase II
Award Amount:
$499,866.00
Agency:
NSF
Principal Investigator:
Abstract:
This Small Business Innovative Research (SBIR) Phase II reserach develops an innovative biotechnology for commercial production of natural astaxanthin using genetically improved microalgal strain(s) grown in a proprietary large-scale photobioreactor, and to demonstrate the effectiveness of the new… More

Developing Innovative Photobioreactor and Extraction Technology For Production Of Biodiesel Feedstock Using Microalgae

Award Year / Program / Phase:
2009 / SBIR / Phase I
Award Amount:
$79,888.00
Agency:
USDA
Principal Investigator:
Fan Lu, President & CEO
Abstract:
The crude oil will be depleted within 40 years, alternative fuels have to be developed to drive our transportation systems, and biodiesel appears to be the most promising fuel of the future. Biodiesel is renewable, non-toxic, and biodegradable, it can be used in existing diesel engines without… More

Bioremediation of Animal Wastewater Using Oil-Rich Microalgae

Award Year / Program / Phase:
2010 / SBIR / Phase I
Award Amount:
$79,966.00
Agency:
USDA
Principal Investigator:
Fan Lu, President & CEO
Abstract:
This Small Business Innovation Research Phase I Project aims at developing an advanced biotechnology for bioremediation of animal wastewater by using oil-rich microalgae. Rapid growing animal farming industries (hog, poultry, cattle, and dairy) have generated tremendous amount of animal wastes that… More