for Soil carbon sequestration
Greenhouses
Farmer
Other
Hardware, Complete solution
Project`s acronym: MYFOOD (2018)
Project funding type: EU
Project funding source: H2020
Project coordinator: MYFOOD FRANCE
Coordinator location: France
Coordinator email / Contact form: available at: https://myfood.eu/community/our-team/
Project status: Finished
Total budget: 71429
Myfood have developed a smart and miniaturized greenhouse solution for cultivation of vegetables, fruits and fish through a permaculture & aquaponics approach. Our solution is conceived to be sustainable (recycled resources, minimized waste, solar energy) and environmentally friendly (no chemicals used, reduced carbon footprint from food processing and transport). Also, this solution uses smart technology to self-manage, minimizing the input needed from the user and reducing frustration. Having validated the reliability, functioning and market demand for this solution, this project now aims to finalise its technical development and market preparation. To achieve these goals we first need to carry a Feasibility Study that helps us secure this project from a technical, commercial and financial standpoint. Once completed, this project will bring key advantages to society and the environment while boosting the growth of our company. Indeed, we estimate to gain €14 million in profits and reach a ROI of €5 from this project after 5 years.
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