Project

Agriculture Production System based on Integrated Aquaculture using Existing Agriculture

Project Summary

○ The purpose of this project is to utilize Aquaponics system, the method of raising crops using fish farming, in order to construct and commercialize a state-of-the-art agriculture production facility system that will maximize output and reduce costs in production, operation, and intial facility construction cost that arise when cultivating high value crop.

○ With verified excellence of the farm at our core, we plan to manage and construct farms together with farmers, who desire to adopt new farm technologies, and urban-to-rural returners.

○ After proposing a new model for controlled environment agriculture and revitalizing the domestic agriculture market, we plan to enter into the overseas agriculture markets in USA, China, Central Asia, Mongolia and etc.

Business Model

Revenue Model : Enhancing the food culture of the consumers using B2C crop production. And Contribution to Agriculture development through The Smart farm Project.
Government Project cooperation.
- Target Customer : The Consuming Public, Hotels and Restaurants, Farmer, Enterprise
- Distribution Channels : MannaBox Online Store and Hotel, Restaurants, B2B
- Key Performances : 100,000,000won via KIT entrepreneurs Foundation(Oct. 2014)
140,000,000 won Government Project Complete(2015)
500,000,000 won Government Project Complete(2016)
3,800,000,000 won Smart farm Project in the Daejeon(2017)

Main Achievements

- Employment : 54 (4 -> 58)
- Follow-up Investment : (South Korea) DSC Investment, In Most Partners, KAKAO Total of 10,000,000,000won (Oct. 2015)
Crowdfunding The shortage time New record 700,000,000won(2016)
DSC Investment Total of 8,000,000,000won(Oct. 2017)
- Dissertations or IP : 10 cases of patent applications and 12 cases of IP registration related to Controlled Environment Agriculture.
- Other Achievements : Managing online MANNABOX Store, business deals with major hotels such as Park Hyatt Seoul Hotel, JW Marriot Hotel and etc.
- EXIT(M&A, IPOs) : Finalist in a startup competition program called “the Golden Pentagon,” Acquired the first Aquaponics USDA certification.