Algae Biomass Organization (ABO)
The Algae Biomass Organization (ABO) is a non-profit organization whose mission is to promote the development of viable commercial markets for renewable and sustainable commodities derived from algae. Its membership is comprised of people, companies and organizations across the value chain. The primary goals of the Algae Biomass Organization are to: Facilitate commercialization and market development of microalgae biomass specifically for biofuels production and greenhouse gas abatement. Deliver information to the public on initiatives, funding opportunities, and industry development. Provide networking and collaboration opportunities. Establish cutting edge research and commercialization summits and other meeting opportunities. Develop a high quality interactive repository of information on algae biomass technology, science, products, processes, patents, and economics.
Company details
Find locations served, office locations
- Business Type:
- Nonprofit organization (NPO)
- Industry Type:
- Bioenergy
- Market Focus:
- Nationally (across the country)
- Year Founded:
- 2008
- Employees:
- 1-10
About Us
Membership in the Algae Biomass Organization puts you at the forefront of efforts to develop new technologies and commercial markets for renewable and sustainable products derived from algae.
The primary goals of the Algae Biomass Organization are to:
- Facilitate commercialization and market development of microalgae biomass specifically for biofuels production and greenhouse gas abatement.
- Deliver information to the public on initiatives, funding opportunities, and industry development.
- Provide networking and collaboration opportunities.
- Establish cutting edge research and commercialization summits and other meeting opportunities.
- Develop a high quality interactive repository of information on algae biomass technology, science, products, processes, patents, and economics.
- Develop quality and measurement best practices for algal biomass, products, systems technology, and econometrics.
- Present career advancement and consultant opportunities.
Non-Profit Status
The Algae Biomass Organization is currently organized as a Section 501(c)(6) non-profit organization. Section 501(c)(6) of the Internal Revenue Code provides for the exemption of business leagues, chambers of commerce, real estate boards, boards of trade, and professional football leagues, which are not organized for profit and no part of the net earnings of which inures to the benefit of any private shareholder or individual.
A business league is an association of persons having some common business interest, the purpose of which is to promote such common interest and not to engage in a regular business of a kind ordinarily carried on for profit. Trade associations and professional associations are business leagues. To be exempt, a business league’s activities must be devoted to improving business conditions of one or more lines of business as distinguished from performing particular services for individual persons. No part of a business league’s net earnings may inure to the benefit of any private shareholder or individual and it may not be organized for profit to engage in an activity ordinarily carried on for profit (even if the business is operated on a cooperative basis or produces only enough income to be self-sustaining). The term line of business generally refers either to an entire industry or to all components of an industry within a geographic area. It does not include a group composed of businesses that market a particular brand within an industry.