Overcoming the salinity barrier

Informazioni relative al progetto

SALICROP

ID dell’accordo di sovvenzione: 887856

DOI

10.3030/887856

Progetto chiuso

Data della firma CE 22 Novembre 2019

Data di avvio 1 Dicembre 2019

Data di completamento 30 Aprile 2020

Finanziato da

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Costo totale

€ 71 429,00

Contributo UE

€ 50 000,00

Coordinato da

SALICROP LTD
Israel

Periodic Reporting for period 1 - SALICROP (Overcoming the salinity barrier)

Periodo di rendicontazione: 2019-12-01 al 2020-04-30

Sintesi del contesto e degli obiettivi generali del progetto

Salinity is among the major global burdens limiting food production, natural or human induced, ~20% of the global irrigated soils are already affected by salinity. Seed producers, aware of the billion-dollar business opportunity, have tried to overcome the salinity barrier without success.
Salicrop Ltd, a Israeli Agtech startup, develops seed treatments for saline soil and water, which enables growing crops on marginal land and/or irrigation with brackish water. Salicrop finalized its Proof of Concept (POC) with numerous successful trials of tomatoes, peppers, spinach, rice, wheat and corn with average of 30% increase in crop yield under salinity conditions.

Lavoro eseguito dall’inizio del progetto fino alla fine del periodo coperto dalla relazione e principali risultati finora ottenuti

During the program, we developed Salicrop to achieve the following deliverables:
• Conducting significant field trials, and measuring plant performance
• Regulatory issues and IPR management - potential patentable results, trade secrets/NDAs. Invest scientific and business insights in order to enforce the company IP assets
• Identification of technical risks and barriers. Elaboration of mitigation plansLearning the relevant regulation in our targeted markets
• Establish Internationalisation and commercial strategy and marketing and sales team.
• Collaborate with mid-tier seeds companies in order to test Salicrop seeds treatment.
• Adjustment and fine-tuning of business model. Adapting financial plan to target market, segments, prices and operational costs. Revenue projections.
• Capital requirements, financing options and ROI.

Progressi oltre lo stato dell’arte e potenziale impatto previsto (incluso l’impatto socioeconomico e le implicazioni sociali più ampie del progetto fino ad ora)

We conclude the program with results better than our expectations, both commercially and technically. Based on our solid go-to-market strategy and business model, we will continue to leverage our traction and commercially available product to turn Salicrop to a worldwide leader in salinity agriculture.

Agro-World New Delhi 2019