I want to try it too! I found an article advising on how to do it. So what I need is a micro algae to feed it and the sample of bioluminous algae to grow. If you want, we can order together and save on shipping!
From what I've learned the bioluminescent algae will not survive in a common reef tank due to the filtration (protein skimmer) and lack of nutrients. Adding nutrients to the tank for the glow algae will also feed/increase the growth of all other types of algae.