Greenco

Organic fertilizer sourced from manure

Innovation Type:

Water-Energy-Food

Product Segment:

Energy – Farm Input

Country of Incorporation:

Lebanon

Country of Implementation:

Lebanon

Company Stage:

Stage 2: 101 to 1,000 end-users

Seeking Investment:

Yes, $500,000 USD

Financing Goals:

Seeking equity (angel investor, venture capital or private equity)
Seeking debt (commercial or DFI)

Contact Name:

Alain Khoury

Challenges

In Lebanon, farmers and end-users’ ability to manage manure faces many challenges: high cost related to equipment rental, labor, and maintenance; the risk of pollution due to untreated manure disposal; and the serious environmental and health risks associated with the pollution of surface and groundwater, agricultural diseases, pests, ands oil quality. Furthermore, the high cost of chemical inputs forces many farmers to resort to low-quality products, leading to reduced competitiveness in the market and hindering farmers’ ability to achieve sustainable and profitable agricultural practices. Lastly, local farmers face significant water management challenges due to inefficient water management and poor soil health.

Solutions

Greenco’s innovation addresses these challenges through several key strategies: cost-effective manure management, environmental protection, affordable organic inputs, and water conservation. Greenco’s manure management solution focuses on composting and liquid manure and also cleaning the farms. This helps farmers improve their farm’s financial viability as the innovator reduces the cost of cleaning and disposal. The compost and liquid manure, which is treated to mitigate pollution risks that could affect soil and water quality, is sold as an alternative to chemical inputs, reducing farmers’ reliance on expensive pesticides and fertilizers as well as enhancing crop quality and market competitiveness. Greenco’s solutions also promote efficient water use, helping farmers optimize irrigation practices and reduce water costs while mitigating the risks of using polluted water sources.

Photos
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