Phycus Biotechnologies Inc.: federal grants and contributions

Updated 12 October 2026 · Richmond Hill|Richmond Hill, ON · grants and contributions register · Aurora–Oak Ridges–Richmond Hill

Phycus Biotechnologies Inc.: federal grants and contributions: 12 agreements; $1.5M value; 2 departments; 7 programs.

Assay record ASY-CA-0AAUE150Q9 · Cite as: Assay Systems, “Phycus Biotechnologies Inc.: federal grants and contributions”, https://assay-systems.com/register/ca/grants/r/phycus-biotechnologies-inc/

$
12agreements
$1.5Mvalue
2departments
7programs

Largest agreements

Continuous process for glycolic acid synthesis$645Kvalue2026start2027end

Phycus Biotechnologies will develop and validate a next generation fermentation process for the sustainable production of glycolic acid—replacing petrochemical methods with a lower-cost, renewable alternative. The project integrates microbial engineering, process modelling, and pilot-scale demonstration to achieve higher productivity, improved strain stability, and further reduction in costs of goods.

216711$400Kvalue2020start2021end

Advance technology to produce bio-based glycolic acid on a commercial scale

Optimization of glycolic acid process$101Kvalue2023start2024end

Phycus Biotechnologies an innovative chemical products company that develops chemical solutions for its customers that want more sustainable options and improved performance characteristics over conventional, petro-based chemical products. Our fermentation technology converts naturally derived feedstocks from sustainable woody biomass and sugarcane into cosmetic grade ingredients. At the heart of the platform is a patent pending microbe that produces glycolic acid. This project is intended to help Phycus optimize its process to reach commercial production.

Batch titre and biomass concentration optimization$75.0Kvalue2025start2025end

Phycus is advancing its innovative glycolic acid fermentation technology to support sustainable industrial applications in personal care, textiles, plastic films, coatings, and adhesives. This project focuses on improving process efficiency and scaling production in commercial-sized bioreactors, with the aim of enhancing product economics and reducing costs. Funding will accelerate the development and deployment of this technology, driving growth and supporting a transition to more sustainable manufacturing practices.

Production of Biologically derived polyglycolic acid$73.4Kvalue2021start2022end

Phycus Biotechnologies has developed a manufacturing process for production biobased biodegradable polymers. This project will focus on the polymerization of alpha-hydroxy acids into linear polyesters for use in films, coating and packaging applications.

Innovation Assistance Program – Round 2$60.9Kvalue2020start2020end

The funding provided from the Innovation Assistance Program is to assist innovative, early-stage small- and medium-sized enterprises that are unable to access existing COVID-19 business support.

217090$50.0Kvalue2020start2021end

Hire a Director of Research and Development

Scale-up of biobased glycolic acid production$49.8Kvalue2020start2020end

Phycus Biotechnologies is scaling up a manufacturing process for production biobased glycolic acid. This project will focus on the development and scale-up of the purification of glycolic acid from a fermentation broth.

Show all 12
Innovation Assistance Program – Round 2.5$27.1Kvalue2020start2021end

The funding provided from the Innovation Assistance Program is to assist innovative, early-stage small- and medium-sized enterprises that are unable to access existing COVID-19 business support.

IP Assist: Intellectual Property Strategy Engagement$17.4Kvalue2023start2024end

The project will support development of intellectual property capacity within the firm.

Innovation Assistance Program$16.9Kvalue2020start2020end

The funding provided by the IAP program is intended to assist innovative small and medium-sized enterprises in the start-up phase that cannot access existing commercial support related to COVID-19.

220500$0value2022start2023end

Hire a Process/Fermentation Engineer

Departments

National Research Council Canada9agreements$1.1Mvalue4programs
  • Industrial Research Assistance Program
  • Industrial Research Assistance Program – Contributions to Firms
  • Industrial Research Assistance Program – Innovation Assistance Program
  • Innovation Assistance Program

All grants from National Research Council Canada

Atlantic Canada Opportunities Agency3agreements$450Kvalue3programs
  • REGI - Business Scale-up and Productivity
  • REGI - Productivity and Business Skills
  • REGI - Business Scale-Up and Prod (Jobs and Growth)

All grants from Atlantic Canada Opportunities Agency

Years

20261agreements$645Kvalue1programs
  • Industrial Research Assistance Program
20251agreements$75.0Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20232agreements$119Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20221agreements$0value1programs
  • REGI - Business Scale-Up and Prod (Jobs and Growth)
20211agreements$73.4Kvalue1programs
  • Industrial Research Assistance Program – Contributions to Firms
20206agreements$605Kvalue5programs
  • REGI - Business Scale-up and Productivity
  • Industrial Research Assistance Program – Innovation Assistance Program
  • REGI - Productivity and Business Skills
  • Industrial Research Assistance Program – Contributions to Firms
  • Innovation Assistance Program

Contains information licensed under the Open Government Licence – Canada. Source: Government of Canada proactive disclosure of grants and contributions (open.canada.ca, dataset 432527ab-7aac-45b5-81d6-7597107a7013), 1,327,352 rows as published, collapsed to one agreement per agreement number (per reference number where none is given) at its latest amendment, which carries the full agreement value. Years are the agreement start year. Agreements with individuals are counted but not named.