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MAXIPLAN SIGNED

Cultivated barnacle offspring – the solution for realizing marine aquaculture growth

Total Cost €

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EC-Contrib. €

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Partnership

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 MAXIPLAN project word cloud

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

sufficient    slashes    250    acids    seafood    offspring    supports    100    larval    75    maxiplan    marine    superior    select    south    farmed    feeding    revenues    cumulative    profits    pilots    hatchery    met    carbon    live    industrial    footprint    optimising    infection    supply    barnacles    co2    26m    quality    worth    sustainable    save    feed    commercial    eq    sales    commercialise    7bn    43m    2015    saves    streamlined    fatty    hindered    rising    expand    player    cut    survival    930    industry    metric    asia    385    radical    cultivate    4bn    hopes    market    650m    bioavailable    big    pinned    finfish    economic    9bn    network    alone    roll    revolutionise    distributors    direct    self    2025    demand    investment    nutrition    aquaculture    unlock    partly    farming    2027    yield    return    crustacea    share    hatcheries    refined    american    larvae    cultivation    shrimp    times    create    stage    2011    global    disease    barnacle    launch    wild    meet    amounts    5m    commercially    high    lost    worldwide    yields    costing    pacific   

Project "MAXIPLAN" data sheet

The following table provides information about the project.

Coordinator
PLANKTONIC 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˙170˙718 €
 EC max contribution 1˙519˙503 € (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 2019-08-01   to  2021-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PLANKTONIC AS NO (TRONDHEIM) coordinator 1˙519˙503.00

Map

 Project objective

High hopes are pinned on aquaculture to meet rising worldwide demand for quality seafood. EU aquaculture was worth €4bn in 2015, but it has recently lost global market share. This is partly because commercially-farmed marine finfish have complex larval feeding needs that are not met today. The global market for farmed shrimp is also hindered by low hatchery phase survival and disease costing €7bn in Asia-Pacific alone in 2011-2. Larval nutrition must improve to unlock sustainable economic production and increase yields.

The offspring of common barnacles are an important feed for marine larvae in the wild. Optimising our radical new system to cultivate large amounts of barnacles, we will commercialise our superior live feed based on barnacle offspring, MaxiPlan. This supports crucial early-stage larval development of marine finfish and crustacea in aquaculture. MaxiPlan slashes infection and saves each hatchery up to €5.5m / year. With a 250-times higher level of bioavailable marine fatty acids, MaxiPlan will revolutionise larval nutrition. It increases growth by up to 75% and survival by 100% or more. Large-scale pilots will be at a commercial EU marine finfish hatchery and a big player in the South American shrimp farming industry.

Refined barnacle cultivation and streamlined production will let us supply MaxiPlan at large-scale. We will expand our direct sales network in the EU marine finfish aquaculture sector and work with select distributors to supply shrimp hatcheries worldwide. Commercial roll-out will yield €43m cumulative revenues and €26m profits in the 5 years after launch up to 2025. We will reach a 930% return on investment, save the global marine aquaculture sector €650m, and cut 385 metric tonnes of CO2 (eq) from the industrial carbon footprint of European aquaculture by 2025. The MAXIPLAN project will support sustainable and self-sufficient seafood production and help create a new €2.9bn shrimp aquaculture market in Europe by 2027.

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

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