Congratulations to cleantech member Founder & CEO William Bardosh and his company TerraVerdae BioWorks, who has been chosen to participate in the Young Entrepreneurs Initiative (YEi) Program. The Young Entrepreneurs Initiative– started in 2006 and organized by The Office for Science and Technology of the Embassy of France in the US – is an accelerator designed to help entrepreneurs grow their business in France and Europe. It provides an intensive training in Boston and Paris and a one-week immersion in France that will allow laureates to benefit from an extensive customized business network and connections to the best resources in Europe.
YEi received nearly 200 applications to participate in this year’s program. The candidates went through two selection processes to determine this year’s laureates. The first selection committee convened in Cambridge, MA, on August 6 and narrowed the field down to 27 finalists. The second round consisted of a video pitch and interview session between the finalists and YEi judges on September 9 and 10. After two days of interviews and discussions, the selection committee placed their votes for the 12 YEi laureates.
TerraVerdae Bioworks develops engineered biomaterials, specialty bioactive metabolites and industrial biochemicals in an integrated C1 (single carbon) biorefinery platform utilizing feedstocks such as waste-derived methanol and methane. Target markets include industrial materials, specialty chemicals, flavours, fragrances, nutraceuticals, automotive and agriculture. TerraVerdae generates revenue from its bioprocess development service that links strong expertise in metabolic engineering/systems biology, industrial bioprocess optimization/scale up and biopolymer product development, and includes proprietary genetic, protein expression and bioprocessing capability. Our established track record includes major commercial collaborations for high-yield production of challenging proteins, metabolites and fermentation scale up to 10,000L scale. http://www.terraverdae.com.
This is the fifth NSIV member to have won this award.