A social business model of converting fish waste into the value-added product to support Bangladesh's marginal income Fish Cutters.
Long description
In most developing countries, there are little, to no technical facilities available to convert fish waste into resources before becoming rotten at nearby small fish landing ports or marketplaces. The main reason for losing away these valuable resources is the lack of affordable, appropriate technology and knowledge for a successful business case within low-income communities’ affordability. We are proposing a techno-economic solution to overcome the problem mentioned above and a replicable business model for remote areas of developed and developing countries. We have innovated an in-house kilogram-scale microwave-assisted technology to convert fish waste into high-grade fish oil and concentrated dry protein-enriched substance within twenty minutes. Our process is fifteen times faster and energy-saving than the traditional gas or fire-wood heating methods. We are now experimenting with the dry protein-enriched substances to convert into valuable protein hydrolysate using a low-cost, locally sourced natural enzyme. The conversion process is shown schematically in one of the uploaded images.
Our survey indicates, at Dhaka’s Kawran Bazar Fish Market, 450 kg of fish waste is produced daily. They, as an association, have agreed to adopt our clean technology. To establish a 400-kilogram capacity pilot-scale plant in Bangladesh, it will cost less than ten thousand Euros. The small pilot-scale device could be placed at a corner of the fish market. The fish cutter can process the waste by themselves at their convenience and could profit from it. The success of our innovative technology, product and business design would encourage others to adopt it locally and globally.
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