29/01/2023
HONG KONG SCIENCE & TECHNOLOGY PARK (“HKSTP”) INCUBATION PROGRAMME
Farmaissance Innovation Holdings Limited subsidiary, Farmaissance Innovation (HK) Limited, has been approved for a 3 year HKSTP Incubation Programme. This represents further validation of the biosynthetic and biopolymers research which is the foundation of our biobased leather alternative material and the performance and environmental solutions it offers.
This programme will accelerate the delivery of the material into the market, we anticipate within 6 months from the commencement of the Project.
The Product
The Project is the culmination of a long process of consultation to develop a biobased synthetic leather alternative for the fashion, furniture and sporting goods industries, to be derived from agricultural waste and regenerative feedstocks as the biomass resource.
The ultimate test is Life Cycle Assessment, and represents a Circular Economic approach, from evaluation of feedstock origin, carbon footprint to consumer experience, end of life, degradability etc.
Our Team
Our founding team, led by Co-founders’ Jennifer Chan Gardner, Gary Gardner and CTO Alex Zhong, comprises developers and innovators with a long exposure to the practical application of a wide variety of textiles, from the sourcing, collection and processing of the raw materials through to the manufacturing of the finest quality fashion, furniture and sporting goods products.
Hong Kong provides the ideal Research environment, while mainland China is a leader in process and technology innovation which is creating opportunities for re-skilling and redeployment in areas including materials processing, advanced manufacturing, renewable energy and carbon removal.
The Goal
The innovation and global commercialisation strategy for the Patented technology will be based on a Licensing system focussed on Hong Kong and mainland China with the intention that the resultant technology can the subject of knowledge transfer. By extension, Licensing means regional Licensees can be established worldwide to avoid the negative climate consequences of extended supply chains and transporting finished products worldwide.
