Impact investment for a business venture for community-based seaweed farming in northern Palawan, Philippines

Author(s): 
PEMSEA
Year: 
2017
Location: 
Philippines
Type of Resource: 
Technical Reports / References
Despite a long history in the Philippines, seaweed production has significant room for improvement and optimization in most places, with scope to increase productivity and economic performance. PEMSEA evaluated the feasibility of investing in a community-based seaweed farming model. Examining factors such as operational capacity, production approach, market demand and cost of goods sold, a cooperative-based model was proposed to increase farming and supply chain productivity and efficiency. The cooperative sells the seaweed at improved pricing relative to the status quo, due to improved farming techniques, better quality, more direct supply chains and optimized timing and logistics of sales. The model also includes a commercially run tissue culture lab providing farmers with quality seedlings for better growth performance and disease resistance.