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Sunday, February 26, 2017

27/02/2017: MicroSynbiotiX wins Nutreco Feed Tech Challenge

International jury praises finalist for high potential game changing

Start-up company MicroSynbiotiX has won the final of the Nutreco Feed Tech Challenge Event.

The event took place on 22 and 23 February and consisted of several challenge rounds during which 10 contestants competed.
 

MicroSynbiotiX wins Nutreco Feed Tech Challenge

According to the jury report, the innovation of MicroSynbiotiX had the best fit with the challenge profile: a real game changer with high potential, operating in an area where few other companies are active.

MicroSynbiotiX has developed a novel method of producing oral vaccines to combat diseases and infections in aquaculture. The Nutreco Feed Tech Challenge was centred around the question 'What is your breakthrough innovation - that CANNOT wait?'

Over 40 ideas were submitted and 10 finalists were selected to the Challenge event on 22 and 23 February. The event offered a dynamic greenhouse and pressure cooker environment with workshops and intensive interaction with the jury and fellow start-ups. The objective was to further nurture and enrich these high potential concepts. In addition, the finalists were trained in IP, business modelling and storytelling.

High level of competition
"We were very impressed by the very high level of the competition and it is fair to say that for all 10 finalists it was a performance in itself to have been selected to participate in this two-day event," said jury chair Professor Daniel Berckmans of the University of Leuven.

"What made MicroSynbiotiX stand out was that they have developed a high risk, high potential innovation. Oral vaccination can be a real game changer in managing disease outbreaks in aquaculture, contributing to a significant reduction in the use of antibiotics and a decrease of production losses. These are the innovations that can make a difference in feeding a growing world population in a sustainable way."

KnipBio and EKO-GEA ended up as the two runner-ups.

Game changer
Disease outbreaks in aquaculture result in losses worth over 10 billion USD each year, which accounts for over five percent of global production.

Currently, vaccination is done manually. This is not only cumbersome and costly, but also impractical, as it requires the fish or shrimp to be of a certain size and maturity.

MicroSynbiotiX offers a new and more efficient oral vaccination method.

A 'money-cannot-buy' opportunity
Antonio Lamb, Chief Operating Officer and cofounder of MicroSynbiotiX, "We are really thrilled to have won. The on-farm validation trial is a unique opportunity to accelerate our innovation, a real 'money-cannot-buy' opportunity. And the interaction and collaboration with Nutreco specialists, the jury members and the other start-ups was a reward in itself. That's what makes this challenge stand out from other challenges and contests we participated in."

Linking two worlds
"Although we could select only one winner, there are several other promising start-ups that we are really looking forward to establish a relationship with for future collaboration," said Viggo Halseth, Nutreco Chief Innovation Officer and one of the jury members.

"The beauty of the Nutreco Feed Tech Challenge is that it builds a bridge between the world of a large corporation like Nutreco, with our global network and market knowledge, and the world of young, creative thinkers that have a completely new look on the challenges of today. Linking these two is a very promising recipe for success."

Contestants Nutreco Feed Tech Challenge 2016/2017

• MicroSynbiotiX (Ireland) has developed oral vaccines to combat diseases and infections in aquaculture using a novel method using genetically modified microalgae as the delivery vehicle.

• KnipBio (USA) has have developed a series of microbes that will convert low-cost feedstock into premium, nutritious, single-cell proteins laden with pigment-enhancing carotenoids to produce healthier, more vibrant fish.

• EKO GEA (Slovenia) has developed a method of freeing up all available target compounds in Ascophyllum nodosum marine algae, turning it into a versatile prebiotic tool.

• eFishery (Indonesia) has created an integrated feeding solution for fish and shrimp farming, based on an internet-connected machine that can feed the fish automatically, sense the fish's appetite and adjust the amount of feed given with the appetite.

• Metabolic Robots (Israel) has developed a system to optimise poultry house feed distribution enabling real-time monitoring and management to significantly improve broiler house efficiency and profits.

• FarmControl (Portugal) has created a solution that allows farmers to monitor and control remotely in real time, any type of equipment on their farm.

• Fodjan (Germany) has built a web platform for feed management for the livestock sector connecting the different stakeholders in feeding strategies (i.e. farmer, consultant, trader, and veterinarian), plus laboratories and feeding machinery.

• Hexafly (Ireland) has developed a technology to produce Hermetia illucens (black soldier fly) while limiting waste to zero and developing high-value coproducts for the plant nutrition and biopolymer industry.

• LifeBioencapsulation (Spain) has developed solutions to microencapsulate functional molecules and microorganisms in order to increase their efficacy in case of oral administration.

• Ten Kate (The Netherlands) has created protein modifications with antimicrobial and growth enhancing properties, resulting in a healthier (young) livestock population with better growth perspectives and reduced use of antibiotics.


Read more HERE.

The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
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