We have completed an H2020 SME Instrument Phase 1 project, entitled, “A Veterinary Decision Support System by Rapid Bacterial Infection Detection (RAID)” financed by the Research Executive Agency of the European Commission under the contract number 744038 between 1st November 2016 – 28th February 2017.
The objective of our project is to provide a cost effective veterinary decision support system (RAID) for the rapid detection of bacterial infections in poultry (mainly Broiler chicken) farming using mass spectrometry based method.
Our primary product will be decision support software sold by a subscription model through the web. Beside the software, we aim to provide additional services for clients, such as advisory in selection of mass spectrometer, recommending operation conditions for mass spectroscopy for the specific bacteria detection. In the commercial product, we aim to achieve 98% overall accuracy of the bacteriological detection method (maximum 2 false result form 100 measurements) under 3 hours overall measurement time (from sampling to results) - compared to the current 12-48 h, using the method according to our decision support system.
As a first step, we plan to perform a feasibility study to verify the technological challenges as well as the economic viability and acceptance of the envisaged project. The feasibility study will include Technological feasibility, market and risk assessments, IP protection strategy as well as an updated business plan, including a detailed commercialization strategy.
We are executing a H2020 SME Instrument Phase 2 project, entitled, “A Veterinary Decision Support System by Rapid Bacterial Infection Detection (RAID)” financed by the Research Executive Agency of the European Commission under the contract number 859156 between 1st Aprl 2019 – 31rd March 2021.
In this phase 2 project, we aim to carry out all essential steps for market introduction: increasing the number of detectable bacteria to at least 50, increasing the reliability to at least 98%, improving and automating sample processing method, establishing a mobile RAID laboratory for satisfying the need of small farmers and veterinarians, who cannot invest to buy large devices and using it for demonstration purposes, validating and certifying our method. We aim to refine our business plan and to obtain tangible commercial results at the end of the project, i.e. signed service contracts and purchase orders. The success of the project will promote the growth of the companies involved.
The project is executed by two companies EL-CO TECH Ltd (ELT) and Martin&Co Ltd (MC). MC will provide the know-how and will carry out business related activities, while ELT will be the technology developer and provider. For the commercialisation, the two companies will make a joint venture, Martin and Co will maintain the IPR, provide the services and manage the product distribution.