AlgaEnergy enters the European Biobased Industry Consortium (BIC) who's mission, in partnership with the European Commission, and with an estimated 2,000 million euro budget, is to create the tools of business to achieve a sustainable, innovative and competitive Europe leading the transition to a society post-petroleum that dissociate the economic growth of the depletion of resources and environmental impact. AlgaEnergy is the only member of this selective Consortium whose exclusive activity is the biotechnology of microalgae.