Scientific paper ID 912 : 2013/4

Algae allow the alternative production of biofuel. Recently there is a growing interest in biofuel worldwide. The opinions of the population are both negative and positive. The sharp reactions are due to the growing prices of the row materials, used for the production of alternative fuels. However, these row materials are essential in terms of nutritious purposes for people, living in poorer countries. The scope of activity of Green World Ltd. will be cultivation of oily algae that will be used for production of oil and groats. The oil will be sold to refineries that produce biodiesel and the waste groats to farms.

To do this we will need funds, amounting to BGN 400 000.