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Open Ocean Fish farms

Objective

Gili Ocean Technologies aims to become the leading off-shore (Open Ocean) aquaculture company. This will be achieved through the operation of fish farms as well as through the delivery of turn-key projects for other fish farmers based on our extensive off-shore fish farming expertise and advanced technologies.

Aquaculture is rapidly growing. The FAO estimates that aquaculture will grow to over 62% of the worldwide supply of fish protein by 2030.However the currently near-shore aquaculture faces significant problems e.g. relatively slow growth rate for the fish, high death rates, low stocking densities in the cages and intensive use of antibiotics in order to fight diseases. In addition, significant pollution in the coastal areas is very common as there is hardly any dispersing of organic matter in the ocean. This impacts the local ecology as well as the industry itself.

OCEANFISH aims to finalize the development and start the commercialisation of the various technologies necessary to transform Gili's existing Subflex Classic systems to advanced and sophisticated open ocean systems improving growth rates, reducing ecological impact and providing the aquaculture industry with the tools necessary to meet the market demands.

This is a significant market opportunity. To capture this opportunity, the OCEANFISH project aims to 1) increase the cost-efficiency of the Subflex aquaculture platform, 2) enable real off-shore farming, 3) enable growth of additional fish species and 4) commercialize the technology.

The OCEANFISH system is a flexible submerged system of cages. The original technology was developed with the Technion, Israel's leading technological university.

OCEANFISH is an excellent example of how humans can take better advantage of oceans in a highly sustainable manner and at the same time solve significant ecological challenges.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

GILLI OCEAN TECHNOLOGY LTD
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 347 800,00
Address
4 GILBOA
45815 BNEI DROR
Israel

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 354 000,00
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