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Disrupting the sports nutrition market with a healthy high performance bee pro...

Disrupting the sports nutrition market with a healthy high performance bee product based energy gel in highly innovative compostable packaging While energy gels are widely used in endurance sports, they are not currently user- or environmentally-friendly: A) hard-to-use empty gel packaging made from single use plastic ends up littering the countryside, B) they are far fr... ver más

31/08/2022

FOOD SOURCING SPEC...

3M€

Presupuesto del proyecto: 3M€

Líder del proyecto

FOOD SOURCING SPECIALISTS No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5 | 1M€

Fecha límite participación Sin fecha límite de participación.

Ver 4 Participantes

Financiación concedida El organismo H2020 notifico la concesión del proyecto el día 2022-08-31

EIC-SMEInst-2018-2020: SME instrument

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Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Información adicional privada

No hay información privada compartida para este proyecto. Habla con el coordinador.

4 Participantes

FOOD SOURCING SPECIALISTS

1.90M€ | Lider

CEMENTOS PORTLAND VALDERRIVA...

1.84M€ | Participante

ECUTEC BARCELONA

655.37K€ | Participante

TECNASOL CIMENTACIONES GEOTE...

460.10K€ | Participante

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Duración del proyecto: 36 meses Fecha Inicio: 2019-08-29
Fecha Fin: 2022-08-31

Líder del proyecto

FOOD SOURCING SPECIALISTS No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5 | 1M€

Presupuesto del proyecto 3M€

Fecha límite de participación Sin fecha límite de participación.

Descripción del proyecto While energy gels are widely used in endurance sports, they are not currently user- or environmentally-friendly: A) hard-to-use empty gel packaging made from single use plastic ends up littering the countryside, B) they are far from natural or healthy, C) taste unpleasant and D) offer sub-optimal sports performance. In fact, gels are considered a necessary evil, yet it’s a fast-growing market of almost €1bn in 2017, expected to reach €1.76bn by 2025 (8.1% CAGR 2017-27). Metamorfosis' gels address these issues: they are packed in our compostable packaging, which is hygienic and non-sticky; are made with delicious bee products and other 100% natural, easy-to-digest healthy ingredients; and offer world-class sports performance. It is a world-first for a gel to be in compostable packaging, which we will patent and licence to 3rd parties. Our project is backed by research and endorsed by sports stars and nutritionists. In the Phase 2 project we will refine gels & packaging, industrialise Metamorfosis, register all IPR and generate pre-launch awareness & a strong sales pipeline. We are Food Sourcing Specialists, S.L., a well-established Barcelona-based healthy/sports food producer, distributor & retailer with deep sector knowledge, over 650 B2B clients & an online B2C retail store. We will conduct our own distribution in Spain/Andorra and distribute in other countries via our existing network of international suppliers/distributors. Our aim is to disrupt the market, capture 2% thereof 5 years from product launch (€35m/year net sales) & become the leading 100% natural sports nutrition brand, while reducing plastic pollution & protecting bee colonies, including a 1% donation of revenues to BeeLife (bee protection organisation). Total budget: €2,711,012. Grant requested: €1,897,708. After 5 years of commercialisation, we expect a 42% gross margin, 37% IRR and €7.5m cumulative EBITDA.

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