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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.

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

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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