Multibox17-May-2017 Farm 491
Multibox is committed to becoming the world’s lowest cost producer of insects from vegetable crops and vegetable manufacturing waste. At maturity, the insects are processed into fish or animal feed and several grades of fertiliser – and form a sustainable alternative to fish meal.
The insects are fed on vegetable crop and manufacturing waste that would otherwise go to landfill. The waste is re-purposed to provide the micro-herds with an optimal high protein, high fat diet.
Processed insect meal will be packed full of nutrient rich proteins, high levels of Omega 3 and 6 and best of all, lots of useful fats and lipids; perfect for the agricultural and aquaculture industries.
The Multibox team treats the insect herd with absolute love and care, where bio-security is at the heart of the operation. By the end of 2018 Multibox will strive to have commercialised insect production at its prototype facility.
Meet the Team
Multibox launched in April 2016 and since then the team of Directors have been researching, developing and fine tuning their solution.
The Wright way: The business was the creation of Paul Wright, James Wright, and Andrew Wright.
Paul is Managing Director, and has previously worked at The Boeing Company & the NHS. He’s a graduate of the University of Lincoln, a subject-matter expert in sourcing waste, Lean+ solutions and a big advocate for sustainable and renewable technologies.
James is a 1st generation farmer based in Bath, who built up his own farm business from scratch. He is also a graduate of the Royal Agricultural University. With an excellent agricultural network, farming and production knowledge, plus sales expertise, he takes on the role of Director – Value Creation.
Andrew is the third Director. He has a Masters from Oxford, an MBA from CAS Business School & was the Managing Director for Noble Energy Europe. His global expertise in oil field development makes him an ideal fit for the project delivery and production assurance aspects of Multibox’s operations.
Main Challenge of being an Entrepreneur
Paul Wright says; “The toughest challenge we face is commercialisation and scaling up our production. Our aim is to help fisheries globally. Fish meal has increased significantly in price – with now 90% of fishery costs coming from fish meal. We want to offer a sustainable, cost-effective and environmentally friendly solution – a product that comes with the same level of omega and nutritious protein, but with lower levels of mercury. We want people to re-think food. Our aspiration is to scale up to global level, and this is our hardest challenge yet.”
On working with Farm491
Multibox’s connection to Farm491 came from James Wright, who is part of the RAU alumni. James made the team aware of the enterprise hub and together they were soon clear on the huge potential that membership could offer their business. Connecting them to experts, academics, data as well as the physical work space, Farm491 was the ideal partner. In February 2016, they joined as a virtual member and from April 2017 they started to occupy workspace at the Harnhill site to further test and trial their farming solution.
See Multibox at Cereals on the Farm491 stand 837.