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Nova Synthetix Company Inception

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Award date: 
Apr 5, 2013
Award amount: 
$50,000
Organization name: 
Nova Synthetix, Inc.
Principal Investigator: 
Walters, Donald S
Grant program category: 
Business Financing
Grant program name: 
Company Inception Loan
Region: 
Research Triangle

Nova Synthetix' first product will be a castor variety from which the ricin seed toxin has been eliminated. Ricin toxin has restricted castor production globally and limited use of it's highly valuable oil as a "Green" chemical. This safer castor variety will enable North American cultivation and increased production worldwide.

Fiscal year: 
2013