Project Vermis, Team I'm a PC
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Transcript of Project Vermis, Team I'm a PC
Vermis
Team I’m a PCChanging the way the world farms
COST
Better harvest
Better harvest
Vermicomposting Worms
• Problems– Low yield – High manpower– Reliability issue
VermisTM
• Monitor the living condition of worms
• Reduce the cost of manpower spent on the worm
• Improve efficiency and productivity
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.
Low Yield
High Manpower
Reliability issue
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%
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
Phase 1Large commercial farmers
Phase 2Small independent farmers
Target Audiences
Fertilisers Usage
72%
28%
Developed Countries
DevelopingCountries
Source: UNFAO, FAOSTAT 2007
Helping Poor Farmers
Conclusion
• UN Millennium Development Goal:– Environment
Sustainability
• Changing the way the world farms
Questions?