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TOPBALAT SIGNED

Setting up high-value sea cucumber chain in Europe through a new fishing gear with no environmental impact and advanced processing equipment

Total Cost €

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EC-Contrib. €

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Partnership

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 TOPBALAT project word cloud

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

specificity    aurora    huge    dried    iceland    introduction    automated    cucumber    sales    asian    industries    commercialise    business    economy    dry    upper    discards    chain    fishery    catches    sustainable    sme    exploited    accumulated    fisheries    icelandic    efficiency    firstly    percentage    commercial    gross    saves    creates    china    markets    valued    assure    country    325    material    jobs    sc    industry    labour    manual    innovations    class    comprising    intensive    resource    profitability    90    first    risk    processed    efficient    70    raw    innovation    global    species    claiming    total    harvest    market    final    scotland    20    2022    tackles       catching    topbalat    diversification    fishing    world    sea    creation    competitive    norway    25    led    poses    integrative    international    incipient    goods    gear    companies    seafood    prices    revenues    secondly    time    ireland    manoeuvrability    meat    lies    middle    components    economical    demand    tap   

Project "TOPBALAT" data sheet

The following table provides information about the project.

Coordinator
AURORA SEAFOOD EHF 

Organization address
address: HLIDARBYGGD 29
city: GARDABAER
postcode: 210
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 Iceland [IS]
 Project website https://www.topbalat.com/
 Total cost 2˙436˙825 €
 EC max contribution 1˙705˙777 € (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-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-09-01   to  2020-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    AURORA SEAFOOD EHF IS (GARDABAER) coordinator 1˙705˙777.00

Map

 Project objective

AURORA SEAFOOD is the Icelandic SME currently leading the incipient Sea Cucumber (SC) industry in Iceland —the leading country in the SC business in Europe. The seafood fishery and processing industries are claiming for long-term sustainable and efficient innovations that assure the economical profitability of business. Firstly, the high percentage of the costs of raw material, due to low availability of traditional species at sea, creates the need for species diversification. Europe still has huge potential to exploit other species highly valued in international markets. Secondly, the intensive manual labour in the production of seafood goods poses a risk. TOPBALAT represents an integrative approach to establish for the first time in Europe an advanced SC value chain comprising SC fisheries and processing industry. SC have a high commercial value, and global demand is increasing led by China, the first economy of the world. The innovation of TOPBALAT lies in the resource exploited, the SC-specificity of the technology, and the way our technology components set up a value chain for the whole business. Our approach tackles fishing, automated processing and distribution, and allows for other companies to tap on this market with the introduction of European processed dry SC at competitive prices in the Asian market. TOPBALAT’s specific SC technology saves costs: 20% less total costs due to increased manoeuvrability, reduced gear loss, increased catching efficiency (70%), reduced by-catches (5%), only 5% of meat discards in the processing, and 90% less distribution costs. AURORA will commercialise the final product (dried whole fully processed SC) and the technology to harvest and produce it. TOPBALAT’s product target users are the middle-upper class in China, and our technology target users are seafood companies in Norway, Scotland and Ireland. By 2022, we expect sales of 325 tonnes of processed SC, accumulated gross revenues of €25.2 M, and 7-10 new jobs creation.

 Deliverables

List of deliverables.
Website to disseminate information on the project Websites, patent fillings, videos etc. 2019-09-02 12:03:30

Take a look to the deliverables list in detail:  detailed list of TOPBALAT deliverables.

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

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