Opendata, web and dolomites

SEAGEM

Developing a process to bring a unique Icelandic natural food sea gem worldwide

Total Cost €

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EC-Contrib. €

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Partnership

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 SEAGEM project word cloud

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

north    plenty    wholesale    preserve    producers    nordic    london    marine    variety    denmark    laboratory    marketing    restaurants    6m    sea    desirable    biggest    worldwide    lives    profit    will    quarter    flavour    maintaining    restaurant    supporting    scandinavia    continue    valuable    seas    gastronomic    solely    noma    million    algae    location    islensk    seagem    suppliers    finnish    sell    vegetable    oy    create    organism    minimum    truffle    true    market    food    lanosa    rate    cuisines    gem    ab    baltic    business    atlantic    revenues    supplier    taste    truffoir    star    countries    distributors    icelandic    grow    natural    universities    commercially    industry    weather    tiny    innovative    2016    vertebrata    ehf    hollusta    at    michelin    embracing    vegetables    company    reaching    sustainable    customers    10    rural    20    york    importer    season    delicate    family    expert    leader    margin    supplied    cultivated    count    2023    specialized    resemblance    ltd    red    last   

Project "SEAGEM" data sheet

The following table provides information about the project.

Coordinator
ISLENSK HOLLUSTA EHF 

Organization address
address: SKUTAHRAUN 7
city: HAFNARFJORDUR
postcode: 220
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 http://islenskhollusta.is/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ISLENSK HOLLUSTA EHF IS (HAFNARFJORDUR) coordinator 50˙000.00

Map

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 Project objective

At Islensk Hollusta Ehf we are leader suppliers of innovative food products from natural Icelandic resources. To continue on this path, we are now embracing a new and ambitious project: SEAGEM, to bring Vertebrata Lanosa, a true gastronomic gem, to worldwide cuisines. This sea vegetable solely lives in North-Atlantic Seas and it is a tiny marine organism from the red algae family with the resemblance of truffle taste. V. lanosa is a very delicate product as factors such as season, location and weather affect the flavour. If the conditions needed to create, process and preserve the most desirable variety were identified, they could be cultivated for use in the food industry, and this is what we have achieved. SEAGEM project we will develop the production process that will allow us to scale up the business and reach the wide market. The European market for sea vegetables was estimated to be €30 million at wholesale value in 2016 with a grow rate of 7-10% per year. However, although Europe has plenty of resources, only a quarter of the sea vegetable market is supplied by European producers. We count among our current customers with the two-Michelin-star restaurant Noma in Denmark, and other restaurants in Scandinavia, London and New York. Also, since last year we are supported by the Finnish company Oy Baltic Truffle Ab, the General Importer of Truffoir Ltd.’s truffle Products in the Nordic and Baltic Countries. We will sell directly to our customers and through establish specialized food distributors, maintaining a minimum of 20% profit margin. With the support of key partners such as Icelandic and Finnish universities, specialized laboratory and food marketing and distribution expert, we aim to become the biggest supplier of unique Icelandic V. Lanosa in Europe and worldwide, reaching revenues of €6M by 2023, supporting also a sustainable and commercially valuable rural Icelandic industry.

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

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