€460.000 euros attributed to help 18 SMEs with their edible insect business

The ValuSect consortium is glad to announce the attribution of €460.000 worth of services to 18 SMEs to boost their edible insect business. The selected SMEs will get help from our expert partners to develop their innovative idea, which will participate in improving insect production as well as consumer acceptance in North-West Europe.

After the success of its first call for interest last year, the Interreg NWE project ValuSect had launched a second call on 6 December 2021. It also generated a great enthusiasm among edible insect SMEs, as in total, 26 applications were received, coming from 24 different applicants.

“We are very happy to see a lot of interest coming from SMEs to receive our services. The growing sector of insect-based food has so much potential and we are glad to empower its development”, highlights Sabine van Miert, Project Leader, Thomas More University of Applied Sciences.

The ValuSect experts evaluated the applications and chose the 18 cases with the highest ranking. Each selected SME will receive services from ValuSect partners worth €10.000, €20.000 or €40.000, depending on the type of requested service.

The cases cover a broad range of topics, from developing a feeding substrate or a new fresh product to gaining knowledge on consumers’ tastes. Five selected SMEs  are located in the UK, three in Belgium, Germany and Switzerland, two in France, and one in Ireland and the Netherlands.

 

Here is the list of the SMEs which will benefit from ValuSect’s services:

Selected applicant

Category

Country

Dilepix

Food development and innovation

France

Ensectable

Technological services

Switzerland

Essento food

Technological services

Switzerland

Essento Insect Food

Food development and innovation

Germany

Fricket

Consumer acceptance

Germany

Grikaco (Yuma Food)

Consumer acceptance

Belgium

Inishowen Coop Ltd

Food development and innovation

Ireland

M-Food Natural Ingredients

Food development and innovation

Belgium

Minus Farm

Strategic business services

France

Mr Bug

Technological services

UK

Poseative (Small Giants)

Technological services

UK

Saved Food

Strategic business services

UK

Sibo

Strategic business services

Netherlands

St Hippolyt

Food development and innovation

Germany

Swiss Insects

Food development and innovation

Switzerland

Tor Royal

Food development and innovation

Belgium

Torf Tech Group

Food development and innovation

UK

Yum Bug

Consumer acceptance

UK

 

If you would like to read our press release in French, click here.

If you would like to read our press release in Dutch, click here.

 

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