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.

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

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

 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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