Food Ingredients Company Seeking Loan in Sintra, Portugal
Development of innovative food ingredients, such as natural salt replacement from microencapsulated plant extracts.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Food Ingredients |
| Locations | Sintra |
| Local Time | 1:03 PM Europe / Lisbon |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
3.5 million
for
2.0%
annual interest,
10
years
(Native Currency: EUR 3,000,000)
Reason: - We have funded all research and pilot proof of concept ourselves (invested EUR 550 thousand to dat...
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Collateral Available: USD 0
Includes physical assets worth
USD
290 thousand
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Business Overview
- Business located in Sintra and specializes in the development of innovative food ingredients, focusing on a natural salt replacement derived from microencapsulated plant extracts.
- With a team of 2 dedicated employees, the company has invested 4 years in research and development to create a unique product aimed at enhancing the flavor of food while reducing salt content.
- The forthcoming product line includes 5 variations of the natural salt replacement, designed to reduce sodium levels by 30% to 50% in various food manufacturing processes.
- Rigorous testing has been successfully conducted in the food production of meat, fish, soups, sausages, and canned goods, showcasing the versatility of the product.
- We offer a unique product with no comparative competition aimed at premium products wanting to be able to put on their packaging "Low Salt/Sodium content" yet offer the taste of a product with salt.
- Currently running successful prototype runs at a Tuna Canning Factory.
- The extraction capacity right now is that we get 3 kilos out of 60 litres of liquid.
- The business is properly registered and operates with a clear focus on providing healthier food alternatives without sacrificing taste, positioning itself as a future leader in the food ingredients industry.
- The business has a registration certificate.
- With a team of 2 dedicated employees, the company has invested 4 years in research and development to create a unique product aimed at enhancing the flavor of food while reducing salt content.
- The forthcoming product line includes 5 variations of the natural salt replacement, designed to reduce sodium levels by 30% to 50% in various food manufacturing processes.
- Rigorous testing has been successfully conducted in the food production of meat, fish, soups, sausages, and canned goods, showcasing the versatility of the product.
- We offer a unique product with no comparative competition aimed at premium products wanting to be able to put on their packaging "Low Salt/Sodium content" yet offer the taste of a product with salt.
- Currently running successful prototype runs at a Tuna Canning Factory.
- The extraction capacity right now is that we get 3 kilos out of 60 litres of liquid.
- The business is properly registered and operates with a clear focus on providing healthier food alternatives without sacrificing taste, positioning itself as a future leader in the food ingredients industry.
- The business has a registration certificate.
Products & Services Overview
- We will only begin selling next year, after 4 years developing a natural Salt Replacement ingredient made from extracted herbs and spices.- The product is now ready in 5 versions that allow between 30% and 50% salt reduction in the manufacturing of food products.
- Proven testing in meat, fish, soup, sausage and canned food manufacturing.
Assets Overview
Tangible assets include the machinery and equipment of our pilot plant.Intangible assets include the product formulas.
Facilities Overview
- We have a small pilot plant built in a rented warehouse with about 400 sq. meters.- The objective of the pilot plant was to do proof of concept.
- We are now happy that the product performs to expectations and we need an investor or investment to take us to the next level and establish a manufacturing facility.
Capitalization Overview
- The business has been funded by ourselves, as well as through some research funding.- The company has 5 shareholders.
- Share values are currently being renegotiated and should be final by end December.
- Invested close to EUR 550 thousand into the business.
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