Objective
Aquaculture has done reasonably well to supplement the expanding consumption of fish and seafood in the EU but has still been unable to have the desired impact because of the high set up, operating and maintenance costs; lack of space along the coastal shores; pollution and threats of diseases and eutrophication. Hence, we developed SubCage – a working proof of concept prototype to TRL 6 which is based on a patented Tension Leg Cage (TLC) technology capable of submerging fish cages to depths of up to 55 m at a controlled velocity based on the principle of wave ispersion. This prototype is a 12 m diameter fully submersible fish cage, which has been tested for 2 years in Crete using red porgy. This was successfully demonstrated as there were no issues during the operation and thus confirmed that SubCage satisfies all customer needs, such as: cost benefit solution for fish farming in unsheltered area; increase of fish quality; improvement of fish health and mortality rate. Despite the risk surrounding aquaculture in the unsheltered regions due to its environment; we proved that, by using SubCage, expanding production capabilities in such areas is feasible, commercially beneficial to farmers and can increase the value of the fish species. With the help of the SME instrument in scaling up our prototype to a 30-55 m diameter commercially acceptable fish cage, we would expect to contribute to an increase in fish price of up to 20% and additional increase in yield of up to 2% in comparison with surface cages. In comparison with competitor technologies, our prices will be several times lower by 30-40% as well as an estimated ROI being achievable in approximately 3 years. Within 5 years, we can humbly anticipate to enhance the production capacity of the EU by 2%. This translates to Refa Med Srl. deploying 402 SubCage units in the EU within 5 years, generating a revenue stream of over €80 million and helping create between 300 and 400 product-related full-time jobs.
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.
- agricultural sciences agriculture, forestry, and fisheries fisheries
- engineering and technology environmental engineering water treatment processes wastewater treatment processes
- medical and health sciences health sciences nutrition
- natural sciences earth and related environmental sciences environmental sciences pollution
- natural sciences biological sciences zoology ichthyology
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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.3.2. - SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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-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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
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.
09017 GINEPRI
Italy
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.