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EARTH OBSERVATION FARMING

Objective

EOFARM project will cover the topic of Precision Farming (PF), one of the main applications of Earth Observation in the agriculture industry; it makes use of satellite images to help farmers in monitoring and managing crops from planting to harvesting. One of the main needs of farmers, in particular smaller ones which account for 80% of the UAA in EU27, is the possibility to increase yields while reducing the costs and environmental impacts of current crop production processes.
EOFARM main objective is to launch in the market an innovative PF service which targets small farms (average size between 5-30ha), addressing a clear user need, and to enter in the emerging market of commercial applications of EO downstream services in agriculture, estimated to be worth approximately € 43 million in 2015.
EOFARM will be based on:
-an innovative algorithm able to integrate the algorithm indexes derived from NDVI(Normalized Difference Vegetation Index), LAI (LEAF AREA INDEX) and OSAVI (Optimized Soil-Adjusted Vegetation Index) for the production of 3 different kind of maps at the same time: crop vigor maps, vegetation status maps, green leaf maps,
- free satellite data derived from the constellation Copernicus (sentinel 2) and Landsat 8
- Open Geo, an open source solution
The impact on the EU Market of agriculture will be huge, considering that the current market for commercial applications of EO downstream services in agriculture is about € 34 million and the estimated EO downstream services Total Addressable Market (TAM) for the Agriculture sector amounts to approximately € 0,4 billion.
In this context The EOFARM project is expected to boost IPTSAT growth in terms of turnover, EBIDTA and employment opportunity.
Additionally EOFARM will have positive impacts on the small farmers by increasing productivity and sustainability by means of improved resource efficiency: it will possible to use less water, energy, fertilisers (especially phosphorus and nitrogen) and pesticides

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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-1 - SME instrument phase 1

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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

IPTSAT SRL
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.

€ 50 000,00
Address
VIA SALLUSTIANA 23
00187 ROMA
Italy

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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
Region
Centro (IT) Lazio Roma
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.

€ 71 429,00
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