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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.

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