Disruptive and forward-looking opportunities for competitive and sustainable aquaculture

INvertebrateIT Open Contest – Call for Projects

Got an INVERTEBRATE-BASED FISH FEED SOLUTION ready for the market? JOIN THE CONTEST and submit before 19th January 2018!

INvertebrateIT is accepting applications for its OPEN CONTEST to find and support the three projects with the most innovative solutions for invertebrate production for sustainable fish feeds, competitive aquaculture and integrated waste management, across the EU Atlantic Basin.

Who can apply?

Legal entity: Any SME from any EU member state.
Geographical eligibility: Projects must target any part of the EU Atlantic basin.

What topics should the project target?

The contest is open for any innovation, at any point in the value chain, around the theme of integration of invertebrates into feed for aquaculture. Here are some examples of domains, but this list is not exclusive:

  • Local production of insect-based fish feeds to improve aquaculture competitiveness, resilience, diversification and sustainability
  • Use of marine substrates for innovative invertebrate production for fish feeds (such as algae and seafood by-products)
  • Production (aquaculture) of suitable marine invertebrates for fish feeds (such as amphipods and polychaetes)

What degree of maturity should the project have?

Technology Readiness Level: Level 5 or above – “Technology validated in relevant environment (industrially relevant environment in the case of key enabling technologies)

How many projects will be selected and awarded?

Ten projects will be short-listed by the project partners of INvertebrateIT, and promoted by the partnership via our communication channels. Three projects will then be awarded by an expert jury, following the evaluation criteria and procedures.

What could you win?

The three winning projects will receive support in their development to a pre-commercial level. Each project will be mentored and receive tailored capacity building and technical assistance vouchers to increase their capacity and develop sound business models along the project’s objectives, as well as networking with potential investors and transversal public and private stakeholders, who will assist SMEs to elaborate their concept to be put into action through PPPs, to test business plans and assess their economic potential through market analysis, to develop the business case and quantify and find necessary financing, to facilitate match-making, and to find solutions to cover innovation risks and ensure implementation along a well defined timeline.

The capacity building process will include coaching, mentoring and specific support services that will be delivered through technical assistance vouchers (for instance, testing infrastructures or equipment, research support, or other specific services) of a value of up to EUR 10.000 per demonstration project.

The final objective will be to identify international public and private partners, to then develop durable PPPs (Public-Private Partnerships), resulting in three ready-to-invest bankable flagship projects. With assistance, the PPPs created will be developed so that they are ready to be pitched to investors. Special attention will be given to the development of pitching skills, with the aim of facilitating the attraction of additional investment when needed by the demonstration projects.

Overall, the activities of this program will have a clear effect on increasing the viability of the projects and will significantly improve the effectiveness of technology transfer process from research and academia to industry, including cross-cutting adaptation of advance carried out elsewhere. It is expected that in the long term the ventures resulting from the projects will accelerate the proposing SMEs’ growth, will generate jobs, and will contribute to European sustainable growth.

How do I apply?

For information about the application process, please click here.

What is the application timeline?

Action Deadline
Registration opens 17 November 2017
Informative Webinar 19 December 2017
Contest closes 19 January 2018
Shortlist published 20 February 2018
Winners declared 20 March 2018

What is the "Informative Webinar"?

A webinar will take place on Tuesday 19th December, 09:00 to 11:00 GMT [10:00 to 12:00 CET] to clarify the objectives of the contest and, and answer questions from prospect participants. The webinar will be held in English. Tickets are available here.

Need support?

If you have any questions, please contact INvertebrateIT contest team: contest@invertebrateitproject.eu