Project description
Making the best out of beeswax for sustainable agricultural growth
The need for large-scale sustainable food production imposes agricultural solutions for secure food products. Agricultural biostimulants have proven to contribute significantly to plant growth. Beeswax has a highly sustainable potential as a natural source of policosanols and TRIA. However, the conventional extraction process is time-consuming and resource-intensive. The EU-funded Tydo-Stimulant project will upscale an efficient biostimulant extraction process and a new potent biostimulant blend from beeswax. The project aims to raise biostimulant production, enabling the universal application of biostimulants for naturally increasing global food production.
Objective
As the global population grows, there is an increasing need to secure food production in a sustainable manner. One of the most promising innovations in agriculture, is the use of plant-beneficial microorganisms and substances known as biostimulants. The use of biostimulants in has demonstrated great potential but current methods of biostimulant production yield low levels of biostimulant (grams), which makes widespread adoption difficult. Biostimulant producing companies currently face difficulties in extracting policosanols and TRIA from natural sources, in large quantities and at reasonable production costs. For industrial production of policosanols, only sugar cane, bees wax and fabaceae have proved promising. Sugar cane contains very low amounts of TRIA and the supercritical CO2 used to extract natural triacontanol content from Fabaceae is very expensive. The conventional extraction process from beeswax takes several hours and is resource-intensive. In response, Tydock Pharma, is upscaling an efficient biostimulant extraction process and a new potent biostimulant blend from beeswax. We are working in collaboration with pharmaceutical, agronomy, and research institutions to ensure success upscaling of our production process. Our production process is green, with no toxic by-products and has the potential to increase biostimulant production from current yields of a few grams to kilograms per cycle, enabling the universal application of biostimulants in increasing global food production, naturally. The production cycle is 20 minutes, which is more than 12 times faster than conventional production methods. This enables us to produce 98% more biostimulant than our competitors. We expect average cumulative profits of 15.2 million. A ROI of €10.9 per euro invested and 7 new employees for the first 5 years of commercialisation. We anticipate that by year 5, we would have captured 3.6% of the European biostimulant market share.
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.
- social sciences economics and business economics production economics productivity
- agricultural sciences agriculture, forestry, and fisheries agriculture agronomy
- natural sciences biological sciences microbiology
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
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.
-
H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.3. - PRIORITY 'Societal challenges
See all projects funded under this programme -
H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
See all projects funded under this programme
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
See all projects funded under this funding scheme
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
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.
41126 Modena
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.