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BSF Enterprise PLC ( (GB:BSFA) ) just unveiled an announcement.
BSF Enterprise PLC’s subsidiary 3D Bio-Tissues Ltd (3DBT) has been awarded a £50,000 Northern Accelerator Growth Support Grant to advance its lab-grown leather technology. This grant will aid in transitioning the technology from lab-scale to small-scale manufacturing, addressing environmental and ethical challenges in the leather market. It supports market research for high-growth opportunities and the development of a technology roadmap for scalable production, aligning 3DBT with key sectors such as fashion and automotive. The initiative is part of a larger program funded by UK Government and regional entities, aiming to accelerate commercial scalability and sustainable innovation in the leather industry.
More about BSF Enterprise PLC
BSF Enterprise PLC is a developer and commercializer of advanced tissue-engineered solutions including lab-grown leather, cultivated meat, and corneal repair technologies. Utilizing their proprietary scaffold-free platform, they aim to provide sustainable alternatives to traditional materials, meeting the global demand for environmentally responsible innovations.
YTD Price Performance: -76.83%
Average Trading Volume: 188,495
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.45M
Learn more about BSFA stock on TipRanks’ Stock Analysis page.