Improving M.I.B. T.H. business model and competitiveness through A-Gluten innovative product

Project facts

Project promoter:
M.I.B. T.H. S.R.L.(RO)
Project Number:
RO-INNOVATION-0023
Status:
In implementation
Initial project cost:
€363,169
Donor Project Partners:
International Development Norway AS(NO)

Description

The main objective of the project is to boost the growth of the company in the biotechnology industry by investing in the production and distribution flow and by performing a research and development (R&D) into developing a new product.

The objective of the company is to expand its current research carried out on the basis of previous research conducted in Italy and to improve the consumer readiness of gluten-free biotech products with the new product. The goal of the R&D component is to develop, prototype and validate the gluten-free innovative product named A-Gluten. The investment component includes improving the operational capacity by investing in new equipment which will permit an extension and diversification of the production process and improve service delivery. The new equipment will upscale the production capacity, green the production process by reducing electricity, gas and water and finally secure the needed model for the design of the smart factory. Key activities include:

  • Investments related to the new equipment.
  • Management activities.
  • Publicity to promote the project.

Expected outcomes include a reduction of 7,55 tonnes of CO2 emissions as a result of energy and water consumption reduction. The project is also expected to decrease the current energy consumption by 20%.

The project is implemented in partnership with International Development Norway (IDN) which focuses mainly on renewable energy, environmental technology, industrial production and ICT. The tasks of IDN include providing expertise and support the revising of the production flow, update the business model and the optimization of A-Gluten production and pilot a specific Smart Factory model.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.