Sustainable protein from crickets can reshape the future of food

Sustainable protein from crickets can reshape the future of food

By 2050, the world population will be at 9 billion, with a large concentration in the Mekong region. Traditional livestock farming cannot serve the estimated protein shortage of more than 60 million tons in 2025. Land and water resources are shrinking, creating a need for a new, sustainable protein source.  

Enter Cricket One, a Vietnam-based startup that is farming sustainably and drying crickets for protein. Using shipping containers integrated with their technology, crickets are bred in towers and monitored on a cloud-based system. Under these conditions, dried crickets are organic, 70% protein, and contain all essential amino acids.  The finished products are whole crickets and cricket flour.  

In addition, Cricket One is addressing the problem of farmer livelihood. Containers are leased out to farmers, enabling them to use their agricultural by-products. Farmers can improve their income and integrate best practices in agritech.  

Cricket One took first place at the MATCh Demo Day in Hanoi, Viet Nam. MATCh will continue to support this startup through mentorship, investment opportunities, and access to stakeholder networks.  

MATCh is a program of the Mekong Business Initiative, a development partnership sponsored by the Australian Government and the Asian Development Bank.  

Simpler access to finance for SMEs in Myanmar

Simpler access to finance for SMEs in Myanmar

Access to finance and the lack of digitization hold back businesses in Myanmar from reaching their full potential. Traditional banks view small to medium enterprises(SMEs) as high risk and lending fees are high. In addition, tracking daily transactions on paper widens the margins of error. 

Breaking this cycle is KIU Myanmar, a platform helping SMEs digitize their daily operations, plan their fiscal resources, and access credit and markets. The tools are flexible, affordable, and multilingual, keeping them in reach for interested SMEs in Myanmar. 

Their Enterprise Resource Planning (ERP) software helps businesses manage their operations and employees. SMEs can keep more accurate, efficient records, helping them build a tangible credit history. The B2B marketplace component gives online presence to SMEs and allows them to buy and sell goods with integrated shipping.  

KIU Myanmar took second place at the MATCh Demo Day in Hanoi, Viet Nam. KIU Myanmar is working to help farmers access credit and improve overall operations. MATCh will continue to support this startup with mentorship, investment opportunities, and access to stakeholder networks. 

MATCh is a program of the Mekong Business Initiative, a program sponsored by the Australian Government and the Asian Development Bank.