Team details

Team members

Project details

Describe your product and your key goals

<aside> <img src="/icons/apple_blue.svg" alt="/icons/apple_blue.svg" width="40px" /> Describe your product

Our groundbreaking system harnesses the power of the sun to transform excess ammonia in fish pond water into a nutrient-rich fertilizer for vegetable cultivation, employing a biological transformation process known as aquaponic recirculation. This innovative approach not only revitalizes water quality for fish but also offers a sustainable and eco-friendly solution to agricultural demands, fostering a harmonious balance between aquatic ecosystems and terrestrial productivity.

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<aside> <img src="/icons/bullseye_green.svg" alt="/icons/bullseye_green.svg" width="40px" /> What you want to achieve by March 2025

Goal 1: With short period: Product development and market penetration: (1) Complete the development of a fully functional and scalable aquaponic recirculation system (2) Conduct in-depth market research to identify key customer segments and their specific needs (3) Launch pilot projects with select customers to gather feedback and refine the system and (4) Establish partnerships with distributors, retailers, or industry experts to expand market reach.
Goal 2: With medium period is committed to achieving financial performance such as (1) Generate a significant amount of revenue from system sales and potential additional services (e.g., consulting, training) (2) Achieve positive cash flow and a healthy profit margin and (3) Secure funding for further research and development, expansion, or manufacturing capabilities.
Goal 3: With a longer period is aimed at impacting the environment such as (1) Quantifying the carbon footprint reduction achieved by the system and promoting its environmental benefits (2) Demonstrate the system's effectiveness in conserving water resources and (3) Highlight the system's ability to reduce waste and create a closed-loop system.
Goal 4: Sustainable practices is talked about social impact such as (1) Participating in community outreach programs and educational initiatives to raise awareness about sustainable agriculture (2) Contribute to local job creation through manufacturing, installation, and maintenance activities and (3) Support local food security efforts by providing a reliable and sustainable food source. </aside>

Describe what you need the most

<aside> <img src="/icons/bell-notification_pink.svg" alt="/icons/bell-notification_pink.svg" width="40px" /> Describe the kinds of help you need the most (funding, expertise, technology, access, etc).

Funding
- Initial investment: Funding is essential for purchasing equipment, materials, and setting up the system.
- Ongoing costs: Financial support may be needed to cover operating expenses, such as energy consumption, water treatment, and maintenance.
- R&D costs: Funds can be allocated for research and development to improve the system's efficiency, sustainability, and profitability.
Expertise
- Aquaponics: Knowledge and experience in aquaponics, including fish husbandry, plant cultivation, and system design, are crucial.
- Expertise in engineering, particularly in areas such as hydraulics, electrical systems, and materials science, can be valuable.
- Business: Business acumen, including marketing, finance, and management, is essential for successful project implementation and growth.
Technology
- Equipment: Access to high-quality equipment, such as filters, pumps, and lighting systems, is necessary.
- Automation: Automation technology can help improve efficiency and reduce labor costs.
- Monitoring system: Advanced monitoring systems can provide valuable data for optimizing system performance and troubleshooting issues.
Access:
- Resource: Access to resources, such as water, land, and energy, is essential for the project's location.
- Market: Access to markets for fish and produce can be crucial for generating revenue.
- Partnership: Partnerships with other businesses, organizations, or individuals can provide valuable support and resources. </aside>

Describe your customers and the problem you are solving

<aside> <img src="/icons/brain_blue.svg" alt="/icons/brain_blue.svg" width="40px" /> Describe your target customers

Customer 1: Small-scale farmers and home gardeners: Provides a self-sufficient food production system, reducing reliance on external inputs and fertilizers.Easy setup, low maintenance, and high yield potential.
Customer 2: Commercial farms and aquaculture facilities: Improves water quality, reduces waste, and increases overall efficiency. Scalability, automation options, and cost-effectiveness.
Customer 3: Restaurants and food service businesses: Offers a sustainable and locally sourced food supply, enhancing their brand image. Fresh produce, reduced food miles, and potential for on-site production.
Customer 4: Educational Institutions: Provides a hands-on learning experience for students, demonstrating sustainable agriculture principles. Provides a hands-on learning experience for students, demonstrating sustainable agriculture principles.
Customer 5: Eco-conscious consumers and communities: Aligns with their values of sustainability and environmental stewardship. Organic practices, closed-loop systems, and community engagement.
Customer 6: Government agencies and non-profit organizations: Supports local food security, economic development, and environmental conservation. Government grants and subsidies, community development programs, and research partnerships. </aside>

<aside> <img src="/icons/emoji-disappointed_pink.svg" alt="/icons/emoji-disappointed_pink.svg" width="40px" /> What pain points are you trying to solve?

Pain point: Economic challenges
Pain point: Environmental challenges
Pain point: Operational challenges
Pain point: Technical challenges </aside>