BIOCAP logo - Criacao de Emprego em Biotecnologia, PhycoFerm job creation project in biotechnology

Research and innovation project

BIOCAP

Criação de Emprego em Biotecnologia, creating qualified biotechnology employment in the Algarve

A job creation project co-financed by the European Social Fund Plus through Algarve 2030, adding two permanent qualified research roles at PhycoFerm so the laboratory can carry more development work in parallel.

Programme

Algarve 2030

Fund

ESF+ (FSE+)

Duration

Jan 2026 to Dec 2028

Total investment

€301,616

About the project

Two scientists, and the capacity that comes with them

Capacity, not equipment, is usually what limits how many development routes a small laboratory can run at once. BIOCAP addresses that directly by funding two permanent qualified positions: a Research Director from January 2026, and a Biologist from May 2027.

The result is a fully autonomous internal research unit rather than a team that depends on project-by-project contracting. It also means permanent scientific employment in the Algarve, in a region where qualified biotechnology roles are scarce and researchers often have to leave to find them.

The project is registered under operation code ALGARVE-FSE+-03478600, within the ALGARVE-2025-29 call for job creation and micro-entrepreneurship.

At a glance

Operation code

ALGARVE-FSE+-03478600

EU funding (FSE+)

€103,636

National counterpart

€69,090

Posts created

2 permanent

Expected outcomes

What the project delivers

BIOCAP implementation roadmap 2026-2028: four phases covering recruitment of the R&D Director and the Biologist at PhycoFerm

The BIOCAP implementation roadmap, 2026 to 2028.

Funding

How the project is financed

ItemAmount
Total eligible cost€172,726
EU funding, ESF+€103,636
National counterpart€69,090
Total investment€301,616

BIOCAP (ALGARVE-FSE+-03478600) is co-financed by the European Social Fund Plus (ESF+) through the Algarve 2030 programme and the European Union. Beneficiary: PhycoFerm, Lda., NIPC 518 077 667. The content of this page reflects the views of the beneficiary only.

Funding acknowledgement bar: European Union and Algarve 2030