Objective
Market Problems/Opportunities: EU has a common legislative framework (CAP) regulating agriculture practices, subsidies &
food safety standards (including traceability) across all member states. These obligations are the most demanding in the
world, driven by European citizen’s awareness of the global impact on environment of agriculture and the need for safer
products. This framework imposes the obligation to carry out a very extensive and detailed registry of all activities (field
notebooks) performed by farmers within the scope of their operations (e.g. purchase of fertilizers, date of sow & harvest,
obtained output etc.). Nevertheless, up to 50% of farmers admit to using paper
Added-value product approach: Cropti has developed a revolutionary product, based on its own methodology and
capabilities, to efficiently gather, manage and process traceability data. Through its web application, Cropti supports farmers
and agricultural advisors in efficiently carrying out the field notebook, while using this data to generate business intelligence.
This, support farmers and their advisors in three ways. Firstly, it saves time in fulfilling paperwork, secondly it turns this data
into actionable information by providing a multiplatform dashboard which covers all KPIs of farming (expected profitability,
detailed cost per activity, local efficiency benchmarks, etc.), and thirdly it provides a channel for communication of the
different stakeholders surrounding a farming operation (owners, management team, operators, suppliers, etc.)
Funding impact: As a result of this project, in a five-year term, Cropti expects to create over 80 high quality jobs: agricultural
engineers, software developers, system engineers, designers and marketing specialists. As a consequence of our expansion
and growth in the European market, we will reach an estimated turnover of €22,2M and an EBITDA of €14,6M by 2021
Fields of science
Programme(s)
- H2020-EU.3.2. - SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy Main Programme
- H2020-EU.3.2.4. - Sustainable and competitive bio-based industries and supporting the development of a European bioeconomy
- H2020-EU.3.2.1. - Sustainable agriculture and forestry
- H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
- H2020-EU.3.2.2. - Sustainable and competitive agri-food sector for a safe and healthy diet
Funding Scheme
SME-1 - SME instrument phase 1Coordinator
28003 MADRID
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.