ANN ARBOR, MICHIGAN, June 23rd, 2020— Ecovia Renewables Inc., a Michigan-based biotechnology company focused on the research and development of high-performing biobased materials and ingredients, announced today that it was the recipient of a $148,000 loan under the US Small Business Administration's Paycheck Protection Program (PPP) to help small businesses weather the impact of COVID-19. This loan could qualify for partial or complete forgiveness if Ecovia meets certain conditions under the revised terms of the PPP Flexibility Act, as signed into law on June 5th, 2020.
Ecovia Executes License for Fermentation Technology from University of Michigan
ANN ARBOR, MICHIGAN, April 15th, 2020— Ecovia Renewables Inc., a Michigan-based biotechnology company focused on the research and development of high-performing biobased materials and ingredients, announced today that it has in-licensed a fermentation technology developed in the lab of founder Dr. Xiaoxia “Nina” Lin at the University of Michigan. This technology expands Ecovia’s growing portfolio of upstream processing offerings and enables significant cost reductions by consolidating manufacturing steps together.
Ecovia Renewables, Inc. Awarded Phase I STTR Grant from the US Department of Energy
Ann Arbor, Michigan: Ecovia Renewables Inc., a renewable chemicals company developing high-performing biobased materials, received a DOE STTR Phase I grant of $224,535 for their proposal “Microbial co-cultures for production of methyl ketones from lignocellulose.” Under the grant, Ecovia Renewables will investigate the production of medium chain length (C11 to C15) methyl ketones via singe-step fermentation of renewable biomass with mixed microbial cultures. The work will be done in collaboration with Dr. Harry Beller’s research group at Lawrence Berkley National Laboratory of Berkeley, California.
Ecovia Renewables LLC Awarded NSF STTR Phase I Grant
Ecovia Renewables LLC, a renewable chemicals company developing high performance bio-based materials, received an NSF STTR Phase I grant of $225,000 for their proposal "STTR Phase I: Cost-effective production of biopolymers for eco-friendly erosion control and soil revegetation with synthetic microbial consortia." The proposed project will be carried out in collaboration with Professor Xiaoxia Nina Lin’s lab at the University of Michigan.