Ready-to-eat vegetable solutions that save water, energy and time while creating employment opportunities
Innovation Type:
Water-Energy-Food
Product Segment:
Energy – Agricultural Processing
Country of Incorporation:
Lebanon
Country of Implementation:
Lebanon
Company Stage:
Stage 4: 10,001 to 999,999 end-users
Financing Goals:
Seeking debt (commercial or DFI)
Contact Name:
Roy Noujaim
Contact Email:
Website:
Challenges
The ready-to-eat food industry requires high energy costs as well as large quantities of water. Additionally, in Lebanon the lack of access to a regular energy supply limits companies’ abilities to scale. Scaling is also impacted by a lack of financial resources, creating a situation where companies must rely on opening lines of credit or constantly injecting capital into the business.
Solutions
Agrifresh sells ready-to-eat vegetables that are efficiently washed, sanitized, shredded, and packaged. Consumers no longer need to wash the produce once they have brought it home, therefore saving them water, energy, and time. Additionally, to improve production sustainability, Agrifresh is installing solar panels and investing in efficient equipment that can reduce energy use.
