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Marine microalgae immunostimulant complex to boost the competitiveness of the EU aquaculture sector

Project description

Fishing for a healthier aquaculture industry

The European Union is home to some 12 500 aquaculture enterprises, mostly microbusinesses employing less than 10 employees. While EU production has increased by 2.2 % yearly in volume between 2014 and 2016, and 3.1 % in value, aquaculture is stagnating compared to global production rates. The aim of the ALGABOOSTER project is to help make the European aquaculture sector competitive and sustainable. Their advanced aquafeed enriched with a marine microalgae immunostimulant complex will boost fish immune system and growth as well as buffer the effects of stress, all in a natural way. It has been scientifically tested and guarantees significant reduction in mortality rates. ALGABOOSTER has also demonstrated a substantial increase in the final product quality.

Objective

The EU aquaculture sector is of high importance for the EU economy. However, EU aquaculture producers lag behind the
global competitors that offer cheap products of much lower production costs and quality standards. In order to support EU
producers in this highly competitive market, it is crucial to address their production inefficiencies: 20% mortality rates and
long growth periods. The current solutions, namely use of antibiotics for mortality reduction and aquafeed with incorporated
fishmeal and fish oil for improved growth, are inefficient, costly and extremely unsustainable. Consequently, there is a high
need in the EU aquaculture sector for alternatives that can improve production efficiency in a sustainable, environmentallyfriendly
and antibiotic-free manner.

In this context, and basing on the excellent properties of marine microalgae, we have developed ALGABOOSTER -
advanced aquafeed enriched with marine microalgae immunostimulant complex to boost fish immune system and growth as
well as buffer the effects of stress, all in a natural way.

The Unique Selling Points of ALGABOOSTER are:

(i) whole-cell microalgae complex of high purity biomass of three marine microalgae species,
(ii) perfectly-preserved microalgae ingredient ensuring thanks to a novel microencausulation process ensuring premium quality product,
(iii) safe in use as the functional ingredient is incorporated into aquafeed (no risk of overdose),
(iv) 100% non-animal and sustainably sourced (no fishmeal, no fish oil),
(v) adjusted to support normal feed in two growth stages

Our product has been scientifically tested and guarantees significant reduction in mortality rates and growth cycle duration
as well as a substantial increase in quality of the final product. Via ALGABOOSTER´s administration, the production
efficiency is enhanced, and aquaculture producers obtain a revolutionary increase in their profit margins.

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-EIC-SMEInst-2018-2020

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Coordinator

BUGGYPOWER SL
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
CALLE MIGUEL HERNANDEZ 16
30740 SAN PEDRO DEL PINATAR
Spain

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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
Sur Región de Murcia Murcia
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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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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