Ecology Farming Corporation

Ecology Farming Corporation (Ecofarm) works in the agricultural sector in Vietnam and we are launching a production facility that could efficiently turn biomass in heat energy and biochar with associated benefits of minimal air pollution, carbon sequestration and soil amendment. Ecofarm is now expanding production to various areas in the Mekong Delta by signing cooperation contracts with local cooperatives.

Fundraising

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Idea

We have an elevator pitch. We are already working in <abbr title="Base of the Pyramid">BoP</abbr> markets and want to improve our current offering.
We have an elevator pitch. We are already working in BoP markets and want to improve our current offering.

The practice of burning agricultural residues in the Mekong Delta has contributed significantly to local air pollution and global carbon emission. We are launching a production facility that could efficiently turn biomass in heat energy and biochar with associated benefits of minimal air pollution, carbon sequestration and soil amendment.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We have a business network and can get introduced to the right people. We can build the product. Given the time and money, we can deliver on our promises.

Mr. Nguyen Hong Quang, MA in Economics; Mr. Dinh Cong Muoi, Former Lecturer, Faculty of Agriculture and Applied Biology, Can Tho University; Mr. Ho Canh Son, Former CEO of Mai Linh Phu Quoc; Mr. Nguyen Minh Triet, Former Director of Phu Quoc Agriculture Promotion Centre.


Product

We have a working product or service. We have developed the product ourselves and own all of the <abbr title="Intellectual property (IP) rights are legally recognized exclusive rights to creations of the mind.">IP</abbr> for the product.
We have a working product or service. We have developed the product ourselves and own all of the IP for the product.

The product has been developed and used in our farming projects in collaboration with local cooperatives.

Revenue

We already have revenue from paying customers.
We already have revenue from paying customers.

We collaborate with local farming cooperatives by signing contracts under which we provide inputs on credit, mechanization free of charge, and commit to buying all of the produce at an agreed price. Our micro-bio organic fertilizer is sold to farmers on credit and the payment is deducted from the amount we pay to famers for their produce at the end of the season. As we expand our production capacity, we will sell to farmers outside of our contract farming projects.


Inclusiveness

We involve low-income groups as consumers. We involve low-income groups as producers. We involve low-income groups as distributors. We involve low-income groups as employees.

Besides providing the much needed clean heat energy for various uses in low-income areas, the biochar component can be used to produce the next generation of 'micro-bio organic fertilizer'. This proven product would enhance poor farmers' productivity and income by lowering the demand on water and pollution from the excessive use of chemicals.

We involve low-income groups as consumers. We involve low-income groups as producers. We involve low-income groups as distributors. We involve low-income groups as employees.

Besides providing the much needed clean energy for various uses in low-income populated areas, the biochar component can be used to produce the next generation of ‘micro-bio organic fertilizer’. This proven product will enhance poor farmers’ productivity and income by lowering the use of water and reducing pollution. Job creation: Construction workers: 100 people; Employees at the facility: 100 people; Improving income for at least 1000 farmers.

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Impact

  6. Investment

Team

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