ALCHEMIA-NOVA GREECE IDIOTIKI KEFALAIOUCHIKI ETAIREIA

Their core work

ALCHEMIA-NOVA Greece is a Thessaloniki-based private SME that works at the intersection of circular water management, bioeconomy, and green business model development. In H2020 projects they contributed as a third-party specialist — meaning they were brought in for defined expertise rather than leading or co-designing the full research programme. Their work spans the demonstration of regenerative water-loop solutions in Mediterranean contexts and the acceleration of bioeconomy startups and spin-offs. The organisation bridges applied environmental science and business development, helping translate circular-economy concepts into market-viable ventures.

What they specialise in

How they've shifted over time

Their earliest H2020 engagement (2018) centred on a specific, applied challenge: closing water loops in Mediterranean settings and proving these loops viable through regenerative business models. By 2021 the focus broadened: rather than a single resource stream, they moved into ecosystem-level support — helping bioeconomy ventures, startups, and spin-offs grow across Europe. This shift from a resource-specific demonstration role toward an innovation-ecosystem enabler role is the clearest trend visible in their two-project record.

The organisation appears to be moving from hands-on resource-management demonstrations toward broader bioeconomy ecosystem support — a trajectory that makes them potentially useful for consortia designing accelerator programmes, bioeconomy clusters, or green entrepreneurship initiatives.

How they like to work

ALCHEMIA-NOVA Greece has participated exclusively as a third party — a role that typically implies a subcontracting or linked-entity relationship rather than a full consortium seat. Despite this limited formal status across only two projects, they have touched 41 unique partners in 12 countries, which reflects the scale of the consortia they were embedded in rather than a broad independent network they built. For a future partner this signals that they are likely sought for a well-defined specialist contribution, and are comfortable working within large, multi-country project structures without leading them.

Through two projects they indirectly reached 41 consortium partners across 12 countries, driven primarily by the large Mediterranean-spanning HYDROUSA consortium. Their geographic footprint leans toward Southern Europe and the Mediterranean basin, consistent with the regional focus of their water-management work.

What sets them apart

ALCHEMIA-NOVA Greece sits at a rare overlap: environmental engineering (water circularity) meets green business model design meets bioeconomy entrepreneurship — all grounded in Mediterranean realities where water scarcity and agri-food transitions are urgent. As an SME rather than a university or research institute, they bring commercial orientation that larger academic partners often lack. Their likely connection to the wider ALCHEMIA-NOVA network (plant-based biorefinery expertise rooted in Austria) may also give them access to cross-border technical knowledge that a standalone Greek SME would not have.

Highlights from their portfolio

• HYDROUSA
  A large-scale Innovation Action running five years (2018–2023) demonstrating complete water-loop closure with regenerative business models across Mediterranean sites — rare in combining engineering proof-of-concept with business-model validation at regional scale.
• BioeconomyVentures
  A Coordination and Support Action focused on scaling disruptive bioeconomy startups, placing ALCHEMIA-NOVA Greece in an ecosystem-builder role rather than a purely technical one — suggesting capabilities in scouting, mentoring, or commercialisation support.