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<div class="h2">Mission</div>
<p>At NitroBLAST, we are focusing on transforming global agriculture. Our ultimate goal is to create sustainable, nitrogen-fixing crops that help farmers rely less on chemical fertilizers, while still ensuring strong crop yields. By doing this, we aim to empower farmers to embrace our technology and contribute to reducing the environmental impact of fertilizers.</p>
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<li><strong>Innovating for sustainability:</strong> We’re working to develop crops that naturally fix atmospheric nitrogen and reduce the need for synthetic fertilizers.</li>
<li><strong>Empower farmers:</strong> Our solution is designed to lower farmers’ costs by reducing the need to buy fertilizers.</li>
<li><strong>Reduce environmental impact:</strong> By cutting global CO<sub>2</sub> and nitrogen emissions, we hope to reduce the harm caused by over-fertilization and promote a more sustainable future.</li>
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<div class="h2">Commercialization Strategy</div>
<p>For the realization of our product, we developed a commercialization strategy, through which we could make the transition from the lab to the market. In this section, we have outlined steps for the commercialization of our product.</p>
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<li><strong>Research and development:</strong> In this stage, we will continue refining our technology as a start-up, ensuring it is scalable, reliable, and can be applied not only to eukaryotic model organisms, but also to a range of crops and agricultural systems. Following this, we will conduct pilot studies and field trials with focus groups of key stakeholders (e.g. innovative farmers or research institutions like TU Delft AgTech Institute, which is already a sponsor of our project) to validate the effectiveness of nitrogen-fixing crops in real-world conditions. Our final challenge in this phase would then be to navigate regulatory hurdles, such as getting approval from agricultural and environmental agencies. We would hire an expert to guide us through this (more on this in the skill gap analysis). Along with the hiring, we will ensure that our product complies with biosafety standards and obtain certifications needed for commercial agriculture using these seeds in The Netherlands, for example the seed certification of the Netherlands General Inspection Service for Agricultural Seeds and Seed Potatoes (NAK), which ensures that GM seeds meet standards related to safety, quality, and environmental protection.</li>
<li><strong>Intellectual property protection:</strong> In this phase, we will aim at securing strong intellectual property protection for our technology, including patenting our unique genetic engineering methods or products such as the fusion with which we incorporate the Nitroplast in a cell, as well as the resulting seed itself. For these steps, we will also make use of our skill gap analysis and hire the corresponding experts on intellectual property law. Following this, we will refine and protect the brand identity of our technology through trademark registration, which is the legal process of registering a specific symbol, name, or logo to obtain exclusive rights to use it. This can be done for any other distinctive signs that identify and distinguish our product.</li>
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<div class="h1">Customers and Competitors</div>
<div class="h2">Identity of Customers</div>
<p>Our seeds would not be limited to traditional farmers alone. In addition to them, there is a large group of entities that could be interested in obtaining our products or acquiring part of the company’s shares in the event it goes through an IPO (more on this in the Exit Strategy section). The growing concern for a more sustainable future and the restrictions on CO2 emissions and nitrogen derivatives are driving large groups to seek greener solutions. If, in doing so, they can also save the money and time involved in using fertilizers, the possibilities increase even further. Among the potential consumers, we can find:</p>
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<li>Agricultural Cooperatives and Associations, like the Coöperatieve Rabobank U.A. from the Netherlands or The Nationals Farmer Union from the UK.</li>
<li>Agrochemical and Fertilizer Companies, like BASF or Yara International.</li>
<li>Environmental Organizations and NGOs, such as WWF and Greenpeace.</li>
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<div class="h2">Existing Competitors/Alternatives</div>
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<li><strong>Precision Agriculture:</strong> Uses technology to respond to variability in crops and soil conditions, optimizing the need for fertilizer.</li>
<li><strong>Biological Nitrogen Fixation:</strong> Utilizes natural bacteria in plants to fix nitrogen, minimizing the need for fertilizers.</li>
<li><strong>Genetically Modified Crops:</strong> Existing GM crops are designed for higher efficiency and reduced reliance on fertilizers and chemicals.</li>
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<div class="h3">Strenghts</div>
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<li><strong>Self-Sustaining Nitrogen Fixation:</strong> Our plants fix nitrogen independently, reducing or even eliminating the need for fertilizers.</li>
<li><strong>Cost Savings for Farmers:</strong> With less fertilizer requirements, farmers can save a significant amount of money on fertilizer purchases and application costs.</li>
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<li><strong>Innovative Technology:</strong> Introducing an organelle in a cell and creating genetically modified seeds with this characteristic would be a unique technological advancement, which would position our company as a major innovator.</li>
<li><strong>Simplified Farm Operations:</strong> Farmers using our seeds would no longer need to apply fertilizers, saving both labor and reducing the time spent in the fields.</li>
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<div class="h3">Weaknesses</div>
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<li><strong>High R&amp;D Costs:</strong> Both developing genetically modified organisms and ensuring their safety and efficacy involves high research, development, and regulatory approval costs, as well as a lot of time that we are not considering in these analyses.</li>
<li><strong>Regulatory Challenges:</strong> GMO products often face strict regulations in many countries. Our seeds may face pushback from regulatory bodies, especially in regions with strict GMO laws, like the European Union or, in our case, the Netherlands.</li>
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<li><strong>Public Perception of GMOs:</strong> Despite all their benefits, GMOs still face a rather negative public perception, which could impact the reception of our product. Both consumers and farmers may be skeptical of our new genetic modifications.</li>
<li><strong>Long Development Time:</strong> Compared to fertilizer companies or those offering nitrogen-fixing bacteria, our company's time-to-market might be longer due to the complexities of developing and testing genetically modified seeds.</li>
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<div class="h3">Opportunities</div>
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<div class="h3">Threats</div>
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<li><strong>Competition from Fertilizer Companies:</strong> Fertilizer companies are well-established and may counter our product with innovations of their own that optimize their use or pollute less.</li>
<li><strong>Competition from Nitrogen-Fixing Bacteria:</strong> Companies that sell nitrogen-fixing bacteria, such as <em>Rhizobium</em> inoculants, also offer a natural solution to nitrogen fixation. These products are already on the market, well-understood, and cheaper to produce compared to GMO seeds.</li>
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<li><strong>Uncertain Long-Term Impact:</strong> Long-term ecological impacts of genetically modified seeds with nitroplasts are still unknown. Unforeseen consequences in the ecosystem or resistance to the technology could become a challenge in the long term.</li>
<li><strong>Market Entry by New Products:</strong> Startups or biotech firms with competing nitrogen-fixing solutions, such as CRISPR-engineered plants or enhanced microbial inoculants, could enter the market and offer better conditions, results, or a more competitive price.</li>
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<div class="h2">PESTEL Analysis</div>
<p>PESTEL is a strategic framework used to analyze and monitor the external environment factors that might impact an organization. It stands for Political, Economic, Social, Technological, Environmental, and Legal factors. This analysis helps us understand the macro-environmental influences on our business, which is crucial for strategic planning and future analysis. </p>
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<div class="h2">Total Addresable Market: TAM</div>
<div class="h2">Serviceable Available Market: SAM</div>
<div class="h2">Serviceable Obtainable Market: SOM</div>
<p>We are motivated by the vision of making <strong>the first step of what could be one of the biggest contributions to sustainable agriculture in the near future</strong>. We believe that the use of the nitroplast's capabilities could lead to more eco-friendly farming practices and help address some of the pressing challenges associated with current fertilization techniques, both in the Netherlands where there is a major nitrogen crisis, and globally where a growing demand for feed crops clashes with a need to reduce greenhouse emissions. Our project aims to harness the power of this organelle to create a <strong>more sustainable and efficient approach to crop cultivation</strong>, ultimately benefiting both the environment and the agricultural industry.</p>
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<p>The Nature publication by Coale <em>et al.</em> examines UCYN-A, which evolved from a cyanobacterial species capable of converting N<sub>2</sub> into organic nitrogenous compounds, and its relationship with the marine alga <em>Braadurosphaera bigelowii</em>. It has already been established that UCYN-A and <em>B. bigelowii</em> have a symbiotic relationship, where <em>B. bigelowii</em> functions as a so-called host, and has taken up the UCYN-A bacteria into its cell in a process known as endosymbiosis. <strong>The symbiont, UCYN-A, fixes nitrogen for the host</strong> whereas <em>B. bigelowii</em> supplies organic carbon and a conducive living environment. This paper proved that UCYN-A is not simply a symbiont, but has instead evolved into an organelle for the eukaryotic alga for nitrogen fixation, and is now called the <strong>"nitroplast"</strong> <a href="#cite11" style="color: #185A4F;">[11]</a>.</p>
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<p>The discovery of the nitroplast captured our interest - we had considered a project on nitrogen fixation before but failed to see a way in which we could innovate or propose new solutions to the problems previous teams faced. All diazotrophs (bacteria and archaea that fix atmospheric N<sub>2</sub>) use the <strong>enzyme nitrogenase</strong> to fix nitrogen, but the expression of this enzyme presents great difficulties: it is <strong>irreversibly damaged by reacting with oxygen</strong>, while at the same time catalyzing an energetically demanding reaction. Due to this, diazotrophs have evolved very complex mechanisms to couple nitrogen fixation with respiration and/or photosynthesis, which so far has been beyond reach in terms of reproduction by synthetic biologists. The <strong>nitroplast solves this problem, acting as a fully contained compartment within a eukaryote where nitrogen fixation takes place</strong>, utilizing several years of evolutionary optimization.</p>
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<p><strong>Symbiotic relationships</strong> between diazotrophs and plants already exist in nature, specifically in crops - legumes have a relationship with rhizobia (bacteria living around the plant root), as do some grass species with other nitrogen-fixers. However, most <strong>other crops do not have anything of the sort</strong>. Besides transgenic nitrogenase expression, the other main avenue currently being explored in nitrogen fixation is the <strong>engineering of external symbiosis</strong> between diazotrophs and other plants. However, this poses a challenge in replicating fragile extracellular signaling pathways and physical conditions that are dependent on the plant species' roots, as well as potential containment issues.</p>
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<p>Replicating endosymbiosis, while more ambitious than root-bacteria symbiosis, <strong>ensures by design that cell and organelle will work tightly together</strong>, preventing the difficulties associated with either root-dependence or nitrogenase expression. Our ideal <strong>long-term goal would be to introduce this organelle into crops</strong>. By doing this, it may be possible to <strong>reduce the reliance on synthetic fertilizers</strong>, thereby lowering environmental impact of their production and use, and enhancing sustainability in agriculture. This potential for positive change inspired our group to explore this innovative solution further.</p>
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