Projects

Oysterworld III

100,0% €117.500,00 of €117.500
100% Funded
2 yr

term

5.2%

a year

6 mth

grace period

B

rating

blue_economy

Blue economy

8. Decent Work and Economic Growth

SDG 8. Decent Work and Economic Growth

13. Climate Action

SDG 13. Climate Action

14. Life Below Water

SDG 14. Life Below Water

Innovative production material and methods for sustainable oyster farming

Impact

Oyster farming improves water quality by acting as a filter (a single oyster filters on average 55 liters of water a day), by capturing nitrogen and CO2 from the sea, reduces the need for extractive fishing and it doesn’t interfere with the natural stocks. Learn more about the project's sustainability in the article written by the marine biologist Francisco Bernardino, Oysterworld's CEO - check it here

Project Information

Oysterworld aims to increase its production capacity to 360 tonnes / year, trough an investment in innovative production material and methods of oyster farming.

The Project needs a global investment of €2.1M to be topped between the years of 2019 and 2020. This investment will be mostly funded by a fund of outright grants called MAR2020, in the amount of €1.07M, the remnant funds will be granted by the company's own capital and through crowdlending. 

After the successful funding of Oysterworld's previous projects, 700.000€ (31% of the total investment) has already been invested and implemented: the cleaning row was acquired, the sorting and calibration of the oysters and the warehouse construction are done, and the photovoltaic panels that generate energy for the whole operation is operating. 

This third stage of the investment hopes to complement and fasten the other components, like: 

(i) Production equipment (Hexcyl Bags)- The bags and tables are necessary to accommodate the oyster growing.  

(ii) Soil transactions 

(iii) Floodgates 

(iv) Supporting equipment (mini-dredge, backhoe, oysters tables and sizing machine)

(v) Payment of the selector- The selector is an essential investment in the oyster farming which enables the separation of the product by weight (calibers) 

100% Funded
2 yr

term

5.2%

a year

6 mth

grace period

B

rating

blue_economy

Blue economy

8. Decent Work and Economic Growth

SDG 8. Decent Work and Economic Growth

13. Climate Action

SDG 13. Climate Action

14. Life Below Water

SDG 14. Life Below Water

Innovative production material and methods for sustainable oyster farming

100,0% €117.500,00 of €117.500

Impact

Oyster farming improves water quality by acting as a filter (a single oyster filters on average 55 liters of water a day), by capturing nitrogen and CO2 from the sea, reduces the need for extractive fishing and it doesn’t interfere with the natural stocks. Learn more about the project's sustainability in the article written by the marine biologist Francisco Bernardino, Oysterworld's CEO - check it here

Project Information

Oysterworld aims to increase its production capacity to 360 tonnes / year, trough an investment in innovative production material and methods of oyster farming.

The Project needs a global investment of €2.1M to be topped between the years of 2019 and 2020. This investment will be mostly funded by a fund of outright grants called MAR2020, in the amount of €1.07M, the remnant funds will be granted by the company's own capital and through crowdlending. 

After the successful funding of Oysterworld's previous projects, 700.000€ (31% of the total investment) has already been invested and implemented: the cleaning row was acquired, the sorting and calibration of the oysters and the warehouse construction are done, and the photovoltaic panels that generate energy for the whole operation is operating. 

This third stage of the investment hopes to complement and fasten the other components, like: 

(i) Production equipment (Hexcyl Bags)- The bags and tables are necessary to accommodate the oyster growing.  

(ii) Soil transactions 

(iii) Floodgates 

(iv) Supporting equipment (mini-dredge, backhoe, oysters tables and sizing machine)

(v) Payment of the selector- The selector is an essential investment in the oyster farming which enables the separation of the product by weight (calibers) 

OYSTERWORLD, LDA.

Active since
2013
Operating in
Setúbal
Industry
Oyster Farming
GoParity Loans
3
Website
About OYSTERWORLD, LDA.

Oysterworld is an oyster farming company with an area of 18.12 ha in Setúbal. It was founded in 2013, by the current shareholder and Head of Production, Francisco Bernardino. He and his partner, Lopo Rocha have more than 10 years of experience in the oyster industry.

The Business Model

The company exports most of its production to European countries. They have an independent strategy regarding their clients by never relying on one single client for more than 20% of the company’s sales. The company has 16 employes, including biologists, chemical and mechanical engineers, pathologists and financial.

Track Record

The company is one of the most innovative in the Portuguese farming industry and it mostly exports its production to Spain, France and the Netherlands.

Promoter Rating: B

Guarantees

This loan is secured with a personal guarantee from the company's shareholder Francisco Bernardino.

OYSTERWORLD, LDA.

Active since
2013
Operating in
Setúbal
Industry
Oyster Farming
GoParity Loans
3
Website
About OYSTERWORLD, LDA.
Oysterworld is an oyster farming company with an area of 18.12 ha in Setúbal. It was founded in 2013, by the current shareholder and Head of Production, Francisco Bernardino. He and his partner, Lopo Rocha have more than 10 years of experience in the oyster industry.
The Business Model

The company exports most of its production to European countries. They have an independent strategy regarding their clients by never relying on one single client for more than 20% of the company’s sales. The company has 16 employes, including biologists, chemical and mechanical engineers, pathologists and financial.

Track Record

The company is one of the most innovative in the Portuguese farming industry and it mostly exports its production to Spain, France and the Netherlands.

Promoter Rating: B

Guarantees

This loan is secured with a personal guarantee from the company's shareholder Francisco Bernardino.

Updates

Payments Status: On time

2019-10-25

Open for investment

2019-12-24

Campaign's extension

The campaign's end date was extended one more week and its goal amount was adjusted to 117.500€

Updates

Payments Status: On time

2019-10-25

Open for investment

2019-12-24

Campaign's extension

The campaign's end date was extended one more week and its goal amount was adjusted to 117.500€