Share
100% funded by 336 investors
instalment
monthly
term
5 years
yearly interest
4.75%
risk rating
B
Biosarg is a Portuguese certified company dedicated to the production of biodiesel, using an innovative cavitation technology – Biotron CT.
Renewable energies have different types of sources – the ones using biological sources are named bioenergy. Therefore, biomass, and liquid and gas biofuels (biodiesel, bioethanol, biogas, and hydrogen) are all named bioenergy. Made from recycled cooking oil, soybean oil, and animal fats, biodiesel is a renewable, clean-burning diesel that can replace fossil fuels without any modification.
The promoter is currently developing an expansion project and improving its biodiesel factory. This project has a global amount of € 420.000: € 150.000 will be raised through Goparity and the remaining will be invested by new partners that will join the company. The loan granted through Goparity will be used to buy new equipment that will be pledged for the loan – a new generation Biotron CT machine with 1000L capacity and a tank system with 300.000 L capacity. This equipment will allow the company to increase its efficiency and production capacity. The company is also considering buying additional equipment to transform the glycerine produced (the only waste produced throughout the fabrication process), making the production even more environmentally friendly.
Biosarg produces biodiesel from used cooking oils, that the company collects from its own local network of restaurants. The promoter is licensed by the Portuguese Agency for the Environment to produce biodiesel. The oils are collected on the restaurant locations by a service provider contracted and certified by Biosarg. All the restaurants have a Biosarg stamp that identifies them as oil providers eligible to recycle.
Environmental impact
Social impact
CO2 avoided per year
people impacted
Biosarg’s production is made from used cooking oils from a network of around 350 Portuguese restaurants. This project will increase the company’s capacity to produce biodiesel, increasing its revenues.
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This project is guaranteed with the pledge of the equipment installed (Biotron CT 1000L and a tank system).
Funded in 2007, Biosarg Lda, is a small company based in the district of Setúbal, Portugal. Its main activity is the production of biodiesel from used cooking oils and the trading of biodiesel.
Its managing partner and founder, Manuel Castro Norton Vaz Pinto has more than 12 years of experience in the energy sector.
At the moment the company has 4 employees and their operation is located in a rented factory of 500 square meters, in the center of Portugal.
Biosarg is a certified Small Dedicated Producer, using an innovative cavitation technology to produce biodiesel from used cooking oils.
The promoter gets the oils for free from Its local network of partners (around 350 Portuguese restaurants). In exchange, the promoter is responsible to collect the oil on the locations, subcontracting a service provider to perform this operation.
As a small Provider, Biosarg sells the biodiesel directly to the end consumer (big passenger and freight transportation companies).
This certification allows the company to benefit from fiscal benefits (tax exemption charged over oil and other energy products), being limited to a maximum production of 3.500 tons a year.
For this project, new partners will join the company with a minimum of 350.000€ equity.
Active since
2007
Fiscal country
PT
Operating In
Setúbal
Industry
Energy
Number of Goparity Loans
2
Women Shareholders
No
2020-10-14
First instalment was paid to all the investors
2020-10-10
2020-09-14
This campaign will help avoid the emission of 11.057 tons of CO2 per year
2020-09-10
311 investors successfully raised 75.000€
2020-09-02
The promoter decided to extend the campaign until 01/10/2020 and to decrease the amount to 75.000€.