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First contribution by Australian company to
Innovation for Conservation
In line with the long term strategic plan of ZERI
to work on a shift in the business model and learn from nature, a
major breakthrough has been achieved. Biomimicry, the new field of
innovation inspired by nature is enabling the development of
radical new technologies and products. In turn it has inspired the
creation of the biomimicry "Innovation for Conservation
Fund" to protect the biodiversity giving rise to a new
industrial age.
One of the mechanisms for developing the fund is
modeled on the traditional system of corporations paying a
commission to a broker that successfully facilitates its capital
raising. In this fund, committed companies that benefit from 3.8
billion years of evolution will pay that commission to the fund
instead.
Biosignal Limited (ASX: BOS) quoted on the
Australian Securities Exchange and preparing commercialization of
its innovative anti-bacterial applications is the first company to
contribute this commission to the fund.
Biosignal's technology is based on the capacity of
a red seaweed (Delisea pulchra) to jam the communications amongst
bacteria. This natural bactericide has been proven to work in a
variety of applications including oil and gas pipelines, contact
lenses and cooling towers. Biosignal is now productizing its years
of research and is in the process of raising capital and securing
distribution to bring product to market.
Japanese investor and licensee Saraya & Co
recently invested in Biosignal. Biosignal will pay the
fund-raising commission equivalent, i.e., 3 percent of funds
invested by Saraya, to the Innovation for Conservation Fund. The
fund is administered by the Biomimicry Institute, a research and
education organization that builds on the pioneering work of
Janine Benyus, the author of the book Biomimicry.
The Innovation for Conservation Fund was initiated
by the Biomimicry Institute and further developed by the ZERI
Foundation. The two organizations joined forces to identify the
biologically-inspired technologies which are ready to go to market
and are encouraging all companies that raise money to
commercialize such technologies to contribute to the preservation
of the species and their habitats.
For more information, Contact ZERI: info@zeri.org
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