National Third prize winner

NovFeed

We produce new cost-effective and sustainable fish feed made from Insect.

Pitch

Most fish feed currently used in the world is dangerously unsustainable, as it is derived from ocean caught fish such as sardines and anchovies, which are then manufactured into a protein base called fish-meal and feed made from it is expensive, As a result, many fish farmers formulate their own feed on-site using seasonal ingredients and omena in small batches, which is both inefficient and nutritionally inadequate; this results into lower yield of fish, less competitive fish, lower sales and overall return are not attractive on other hand a thousand tons of organic waste are thrown out everyday that pollute our environment while that waste can be used in production of Black solder larvae as replacement of fish meal at NovFeed we address both twin problem by single solution of producing new cost effective, better quality and sustainable fish feed made from insect, Through our affordable fish feed fish grow to market size at reduced maturation time and at minimum production costs.

Quick facts

  • 2020 Participant
    Year of participation
  • Circular Economy
    Theme
  • Tanzania
    Country
  • € 3.3k
    Revenue
  • € 9.2k
    Investment
  • 6
    Teamsize
  • 60
    Customers

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Team

  • Director Of Operations, Mr. Otaigo Elisha, Holds A Masters Of Science In Environmental Economics, And Is An Expert In Analyzing The Economics Of Fish Feed Value Chains. Managing Director, Miss Diana Orembe, Holds A Bachelors Of Science In Microbiology And Is A Research Expert Who Specializes In Feed Microbiological Analysis And Quality Assurance. Production Manager, Mr. Stephano Adrian Karoza, Holds A Masters In Aquaculture Science And Is A Researcher On Fish Nutrition In Farmed Fish. IT Specialist Mr. Michael Holds A Bachelor Degree In Computer Science Is An Expert In Collecting And Utilizing Big Data In The Feed Industry.

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