AGRIBUSINESS: An eel farming opportunity in the Philippines: Perfect growing conditions: Easy market access: Low overheads
Eelpilipinas Mission: The first Philippines eel farm. Our problem/s 1) Greenfields venture 2) Start-up 3) Aquaculture 4) Philippines. Not so attractive for VC's right? That's why we want to capitalize on Phase 1 (wild catch clearing house for the Japan unagi market) and generate income to bootstrap the fully integrated farming model. Full R.O.I. is estimated for Phase 1 in Year 1 with the opportunity to reinvest and grow. 50K = 10% share.