MiAlgae aims to revolutionise the animal and fish feed industries with microalgae made from the co-products of whisky. Image Entrepreneur profile Founder: Douglas Martin Studied: MSc Synthetic Biology and Biotechnology School of Biology The idea MiAlgae aims to revolutionise the animal and fish feed industries with microalgae made from the co-products of whisky. The company’s product is rich in omega-3 and other nutrients that are required for livestock feeds, especially aquaculture. Support from Edinburgh Innovations “Edinburgh Innovations has been fantastic - from day one they have supported us. We walked in with the most basic idea and then the business plan came together. Our business adviser supported us through the whole process and helped guide us through the various funding and awards opportunities available.” Advice for budding entrepreneurs “Meet as many people as you can. Essentially everyone wants to help, but be careful of who you get help from. If you hit a road block then find routes around. We had to change things halfway through getting started – so don’t be afraid of change. Expect the chaos, take it one day at a time and ask for help. There is an amazing support network out there: use them.” Edinburgh Innovations has been fantastic, from day one they have supported us. We waked in with the most basic of ideas and then the business plan came together. The future “Global domination! There is a market for our current product globally and that market will continue to grow. I would like to see our product range expand into a number of other markets.” Feeling inspired? If you would like to create or work on your business plan our online resources can help. You can map out your business model on one page, easily edit and share partners and advisers with our Business Model Canvas. Find out more about our online Enterprise Toolkit This article was published on 2024-07-01
