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Opendata, web and dolomites

SeaBest SIGNED

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

Total Cost €

EC-Contrib. €

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.

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

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 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.	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.