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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.

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

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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