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IFASA

Insects For a Sustainable Aquaculture

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 IFASA project word cloud

Explore the words cloud of the IFASA project. It provides you a very rough idea of what is the project "IFASA" about.

85    innovafeed    farming    limited    nutrients    12    farmed    transformation    industrial    environmental    nutritional    protein    continuing    thereby    apprehend    expertise    proximity    first    soon    rearing    financially    mainly    intake    ifasa    feed    accounts    lasting    quantity    revolutionize    feasibility    scientific    proprietary    start    solutions    market    nutritionally    asked    company    quality    companies    obtaining    soybean    question    driver    fish    flours    strategies    farmers    ip    innovative    huge    contacted    60    deliverable    insect    aquaculture    plan    wild    disastrous    answer    expressed    sales    seize    sustainability    ecologically    pursuing    benefits    small    caught    transgenic    breeding    land    unsatisfactory    lab    site    animals    answering    economic    feeding    unbalanced    regulatory    insects    egg    tests    opportunity    business    agricultural    lobbying    updated    manufacturers    refining    commercially    ingredient    embodied    sustainable    industry    batches    supplied    optimizing    prepare   

Project "IFASA" data sheet

The following table provides information about the project.

Coordinator
INNOVAFEED 

Organization address
address: 5 RUE HENRI DESBRUERES GENOPOLE CAMPUS 1
city: EVRY
postcode: 91000
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country France [FR]
 Project website http://innovafeed.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.2.5. (Cross-cutting marine and maritime research)
2. H2020-EU.3.2.3. (Unlocking the potential of aquatic living resources)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-01-01   to  2017-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    INNOVAFEED FR (EVRY) coordinator 50˙000.00

Map

 Project objective

Question: What is the main cost driver of aquaculture? Answer: Feed. As protein intake of farmed fish comes mainly from wild caught animals and transgenic soybean flours, feed cost accounts for up to 60% of sales. Overall, commercially available solutions are limited in quantity, nutritionally unsatisfactory, financially unbalanced and ecologically disastrous. Innovafeed is an ambitious start-up in the aquaculture industry, set to revolutionize how fish farmers and ingredient manufacturers apprehend feeding, by bringing economic and environmental sustainability to insect farming. IFASA’s objective is to scale-up the innovative, sustainable, proprietary and cost-effective insect-based production technology the company has developed. It will allow the transformation of low-value agricultural by-products, into high quality nutrients for aquaculture, thereby answering the needs expressed by feed companies, fish and land farmers. This technology is based on Innovafeed’s and its partners’ long lasting expertise in optimizing an insect rearing process and obtaining a product answering fish nutritional needs, as embodied in a first lab-scale production unit able to produce small batches of insects. It also strongly benefits from the company’s market proximity, as 85% of fish farmers already contacted have expressed a strong interest for the project and 12 asked to be supplied with some insect-based feed as soon as possible. During phase 1, Innovafeed will scale-up its farming unit by (a) optimizing the egg production and breeding systems, (b) pursuing regulatory and scientific lobbying initiatives, (c) refining its IP and business strategies, (d) testing the nutritional properties of its feed and (e) continuing on site tests to prepare for phase 2. The main deliverable will be an updated business plan enabling Innovafeed to seize this huge business opportunity. This feasibility study is an essential first step before large-scale industrial production.

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The information about "IFASA" are provided by the European Opendata Portal: CORDIS opendata.

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