Project Vermis, Team I'm a PC

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Vermis Team I’m a PC Changing the way the world farms

description

Imagine Cup 2009, Singapore

Transcript of Project Vermis, Team I'm a PC

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Vermis

Team I’m a PCChanging the way the world farms

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COST

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Better harvest

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Better harvest

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Vermicomposting Worms

• Problems– Low yield – High manpower– Reliability issue

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VermisTM

• Monitor the living condition of worms

• Reduce the cost of manpower spent on the worm

• Improve efficiency and productivity

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Our Team of Advisors

• Mr. Royston Soh– Managing Director,

Kiat Lee Landscape & Building • Mr. Lam Yuen Sean– PhD Candidate (Environmental),

NUS Faculty of Engineering• Mr. Lee Hong Chen– Owner of 9 Farms in

Cameron Highland, Malaysia• Andrew Carmody– A2 Partners Pte. Ltd.

A2 Partners Pte. Ltd.

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Low Yield

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High Manpower

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Reliability issue

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Comparison of Revenue

Based on 330 ha, California Wheat Farm

Commercial Compost

Chemical Fertilizer Vermis System$0

$50,000

$100,000

$150,000

$200,000

34.9%

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Cost of Vermis System

Data: Economy Research Service (US Department of Agriculture), RedObit Science and Technology News, FAO Statistics, US Wheat Associations

Sensor Cost per Vermis Bin (Over a period of 5 years) $40.00

Aggregator Cost (Over a period of 3 years and 10 Bin/Aggregator) $4.67

Electricity $10.00 Plastic Bin Cost $50.00 Network $4.00

Cost Per Bin $108.67

Number of Bins for 330Hecture of Farmland 250

Gross Cost of Bins $27,167.00 Land Cost (Est. 0.5 Ha) $5,000.00

Worms (0.5Ton Worm/Lifecycle 1Year/Produce 12 Weeks Cycle) $12,500.00

Cost of Vermis System $44,667.00

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Phase 1Large commercial farmers

Phase 2Small independent farmers

Target Audiences

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Fertilisers Usage

72%

28%

Developed Countries

DevelopingCountries

Source: UNFAO, FAOSTAT 2007

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Helping Poor Farmers

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Conclusion

• UN Millennium Development Goal:– Environment

Sustainability

• Changing the way the world farms

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Questions?