

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 I and II, 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)
The oyster extraction sector is mainly settled in traditional techniques and intensive labour and that is why Oysterworld, which positions itself as one of the most innovative in the sector in Portugal, is looking to use new technological methods which, not only will assure its competitiveness in a growing market, but also ensure better work conditions and a better product.
This project has a very positive social and environmental impact contributing to:
“This is a unique project that combines the positive environmental impact with the growth of a value-added industry, with potential for export and job creation in local communities", explains Nuno Brito Jorge, CEO of Goparity.

The oyster extraction sector is mainly settled in traditional techniques and intensive labour and that is why Oysterworld, which positions itself as one of the most innovative in the sector in Portugal, is looking to use new technological methods which, not only will assure its competitiveness in a growing market, but also ensure better work conditions and a better product.
This project has a very positive social and environmental impact contributing to:
“This is a unique project that combines the positive environmental impact with the growth of a value-added industry, with potential for export and job creation in local communities", explains Nuno Brito Jorge, CEO of Goparity.
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