Project description
Protecting the ocean while helping the seaweed industry
Seaweed has proven to be a versatile resource for various industries. Used in high-value applications such as pharmaceuticals, functional foods and cosmetics, seaweed is harvested in large quantities. However, conventional harvesting often involves the use of harmful chemicals, producing pollution and damaging the seabed. Norway-based company Alginor has developed Hypomar, an innovative green harvesting solution that greatly improves harvesting yield, as well as the processing technology AORTA, that avoids the use of harmful chemicals thus reducing environmental impact. The EU-funded DACOTA project aims to bring seaweed ingredients to a wider market by demonstrating the solution on an industrial scale. The goal is to make seaweed harvesting and processing more commercially viable while protecting the environment.
Objective
Alginor’s green innovation, AORTA, increases the utilisation ratio of seaweeds from approximately 15 and up to 100% without using formaldehyde and other harmful chemicals. The company’s harvesting method, Hypomar, interferes minimally with the seabed and surrounding marine life during harvesting. Combined, this leads to total utilisation of the raw material, zero waste and emissions, and a 12-product portfolio of established and novel high-quality ingredients, e.g. alginate, fucoidan, native cellulose and polyphenols, for sale to seven global market segments, including pharmaceutical and nutraceutical companies. The main objective of the DACOTA proposal is to demonstrate and commercialise the AORTA technology on an industrial scale, including the extraction and production of Alginor’s 12-product portfolio. This objective will be achieved by completing the two following intermediate objectives;
1) Completing designs for the API demonstrator biorefinery and demonstrator harvesting vessel, each with an annual capacity of 10,000 tonnes of wet raw material; and
2) the construction of the API demonstrator biorefinery and the construction/acquisition of a demonstrator harvesting vessel
Objective 1 will be completed during the grant part of the project and has a total CAPEX of €2,5 million, and includes first draft, complete construction drawings, equipment lists, subcontractors, overview of GMP requirements and necessary standards, and product data sheets.
Objective 2 will be completed during the equity part of the project and includes ordering equipment, installation and commissioning of equipment, demonstrator construction and market deployment. Objective 2 has a total CAPEX of €31.06 million, whereas €15 million is provided by the EIC, €5.57 million is provided by Alginor’s investors through private placements, and the remaining €10.49 million is provided by different loans.
Total CAPEX is €33.56 million.
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: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3. - PRIORITY 'Societal challenges
MAIN PROGRAMME
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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.
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.
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 - SME instrument
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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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.
5525 Haugesund
Norway
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.