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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.

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

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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