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AGRIBUSINESS: An eel farming opportunity in the Philippines: Perfect growing conditions: Easy market access: Low overheads

  • Stage Product In Development
  • Industry Other
  • Location Quezon City, NCR, Philippines
  • Currency AUD
  • Founded June 2013
  • Employees 3
  • Website

Company Summary

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.


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    Romualdo Balagapo

    Founding partner and on-site veterinarian and farm manager. Bachelor of Veterinary Science (De La Salle – Araneta University). Registered veterinarian and specialist in fish health and husbandry for aquaculture with 5 years experience R&D and government aquatic animal health services.

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    Geoff Grossel

    Founding partner and chief operating officer. Bachelor of Applied Science, Aquaculture (University of Tasmania). Bachelor of Science, Honors Degree, Marine Science (University of Tasmania). PhD Aquatic Animal Health (University of Tasmania). 30 years experience in all aspects of aquaculture and fish health from managing fish farms to assessing a country’s fish health capacity and developing and implementing national fish health services.

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    Quinn Fitzgibbon

    Founding partner and technical and scientific manager.
    Bachelor of Applied Science, Aquaculture (University of Tasmania).
    Bachelor of Science, Honors Degree (University of Tasmania).
    PhD Aquatic Animal Physiology (University of Tasmania).
    15 years experience in building and managing aquatic animal production systems (recirculating aquaculture systems) and R&D.

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    Michael Robertson

    Project Engineer