A Halifax biotechnology company is hoping green slime will help its business take flight.
Marine Arctic & Antarctic Technologies Inc. is one of 10 startups that made the shortlist of the Nova Scotia Clean Tech Open, Innovacorp announced Wednesday.
The competition’s goal is to assist a clean technology company in getting established in the province.
Marine Arctic & Antarctic Technologies is developing technology to mass produce micro-algae for use in biofuel and other products.
“It’s like slop,” CEO Mather Carscallen said of the raw material during an interview.
“Some of it smells bad. Some of it doesn’t. It’s pretty much every different smell, shape, colour you could ever imagine.”
The algae would be incubated in a bioreactor that could vary in size and designed to be cost effective, he said.