Magnomics has been selected for the SME Instrument phase 1 initiative of Horizon2020. With this project, Magnomics will be able to determine the economic, technical, operational and legal feasibility of its innovative business concept and generate a strategic business plan to make it a reality. This is a very competitive initiative and Magnomics was one of the nine companies in Portugal to be selected (http://ec.europa.eu/easme/en/sme-instrument-beneficiaries).
This project will support the industrialization of a competitive cost-effective solution that will be integrated in the supply chain of safe, healthy and high quality food, namely milk. It will also contribute to a sustainable and more competitive agriculture, since it will allow a more resource-efficient food production. Finally, by specifically detecting bacteria in an easy and affordable manner, the resulting product will also help promote the judicious use of antibiotics, addressing the key concern of rising antimicrobial resistances.