SEVO Bioscience, formerly known as GC Lipid Tech, has been selected from a competitive pool of applicants as one of just twelve start-ups across Nova Scotia to join the second cohort of Invest Nova Scotia’s Accelerate 2023–2024 program. Each selected company will receive $40,000 in non-dilutive funding and participate in a four-month program offering expert mentorship in business development and technical strategy.
Chosen under the Ocean Tech stream, SEVO Bioscience is developing enhanced microalgae as a sustainable, multifunctional ingredient aimed at transforming fish feed in the aquaculture industry. The selection reflects growing interest in ocean innovation and the potential impact of microalgae-based solutions in global food systems.