In this study, a sequencing batch reactor (SBR), operated with transient carbon availability (feast and famine) and different nutrients loads, was used to select cyanobacteria accumulating poly (3-hydroxyalkanoate) (PHB) and carbohydrates from a mixed wastewater-borne microbial culture. The SBR was operated with 12h aerobic light and 12h anaerobic dark phases, evaluating the effect of three different operational conditions consisting on; 1) carbon limitation, 2) carbon and phosphorus limitation and 3) phosphorus limitation. Once a steady state was reached in each operational period of the SBR, part of the biomass was collected and submitted to separate batch tests in order to investigate the maximum PHB and carbohydrates accumulation levels. Batch tests were performed during 24h of illuminated aerobic condition and 24h of dark anaerobic condition, while inorganic carbon was constantly present. During the SBR operation, inorganic carbon was mostly used for biomass and carbohydrate production, showing very low PHB accumulation levels (<1%). Notwithstanding, in subsequent batch tests, PHB was accumulated after a complete depletion of nitrogen, reaching almost 4%. Concerning carbohydrates, it was found that phosphorus limitation (with and without carbon limitation) led to a culture mostly dominated by cyanobacteria and higher levels of carbohydrate content (43%-48%) than the culture with carbon limitation and high loads of nitrogen and phosphorus (29%). Such contents were obtained in only 24h of incubation under aerobic illuminated conditions. Hence, these encouraging results indicate that carbon uptake and the consequent polymers production from cyanobacteria can be enhanced through carbon and nutrient feeding strategies.