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SeaBest SIGNED

Launching first large-scale organic seaweed-to-food cultivation and processing in EU

Total Cost €

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EC-Contrib. €

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Partnership

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 SeaBest project word cloud

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

multitude    nutrition    104777    viability    generate    mechanising    performed    animal    letters    biopharmaceuticals    catering    star    ftes    food    offshore    sustainable    norway    first    ingredient    15    clients    documenting    2009    3bn    pilot    invested    vidan    global    boost    billion    purchase    competitive    spore    2014    56    bbe    eurostars    foodgrade    76    unmet    trl    pursue    organic    dominant    close    blue    reducing    cultivated    traceable    plant    commercial    practises    time    000t    market    6027    accumulated    seaweed    2016    changing    biotechnology    ikea    full    ready    revenues    maturation    talks    2015    volume    piloting    36    seabest    certified    intent    bioenergy    satisfy    million    verified    demand    producers    estimate    solution    14    feasibility    economy    ses    awaiting    genialg    innovation    validated    circle    markets    quality    outlets    bg    200t    farming    game    5m    worth    schouten   

Project "SeaBest" data sheet

The following table provides information about the project.

Coordinator
SEAWEED ENERGY SOLUTIONS AS 

Organization address
address: BYNESVEIEN 48
city: TRONDHEIM
postcode: 7018
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 Norway [NO]
 Total cost 2˙372˙687 €
 EC max contribution 1˙660˙881 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-03-01   to  2021-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SEAWEED ENERGY SOLUTIONS AS NO (TRONDHEIM) coordinator 1˙660˙881.00

Map

 Project objective

'The SeaBest project will be the first to close the circle from seaweed spore to a high quality organic food product using a large-scale and cost-competitive approach in Europe. The project will allow 1,000-14,000t of seaweed to be produced in Europe at up to 56% less cost compared to current practises. Our project will satisfy the high unmet demand of the global market for cultivated organic seaweed worth €9.3bn and of the European organic food market worth €30 billion in 2015. For the first time ever, we will enable low-cost high-volume organic seaweed to be produced in Europe, fully traceable, foodgrade certified and ready for use as an ingredient on its own or in a multitude of products. We are already in talks with over 15 EU food producers and we have Letters of Intent documenting demand for over 3,200t just from 5 large clients who are awaiting the ability to purchase organic European seaweed on a large-scale - so that they can pursue catering to dominant global food outlets such as IKEA and Schouten. We have performed a Phase 1 Feasibility Study funded by Innovation Norway (VIDAN - 2014/104777) that validated our pilot plant at TRL 7 and commercial viability. Over €14 million has been invested in our unique and game-changing solution since 2009 including SEAWEED-STAR Eurostars (#6027) project that verified our offshore farming technology. We are part of the H2020-BG-2016-1 project GENIALG aiming to boost the EU Blue Biotechnology Economy (BBE) by increasing the sustainable production of EU seaweed. Phase 2 funding will allow us to reach full commercial viability through technology maturation, piloting and market maturation activities. SeaBest will generate 30 new FTEs within SES and another 36 in our production partners, and we estimate an accumulated €76.5m in revenues after 5 years. By mechanising seaweed farming and reducing production costs, SeaBest will also open the way to new markets in bioenergy, biopharmaceuticals and animal nutrition.'

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

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