Optimization and Improvement on Animal Sludge Drying Systems, and Nutrient Recycling
NCBiotech Grants & Loans
See the full listing of all NCBiotech grants and loans awarded since July 2012.
Organization
Phinite, Inc.
Award Date
Award Amount
250,000
Program Name
Small Business Research Loan
Program Category
Business Financing
Principal Investigator
Jordan Phasey
Fiscal Year
2022
Region
Southeastern
Project Description:
Phinite is developing a proprietary manure processing system that converts the waste into a dried fertilizer product through a recurring revenue business model. By treating hog producers' materials and brokering recycled nutrients like phosphate to fertilizer manufacturers, Phinite drives profitable environmental waste remediation and nutrient recycling. The SRL funds will be used to optimize their prototype drying system to lead to a commercial launch in 2022.