Summary: | The term Vertical Farming is coined by Dickson Despommier in 1999.The term "father of vertical farming" refers to his pioneering work in this area. Growing crops in vertically stacked layers is called vertical forming. It has some similarities to the use of metal reflectors and fluorescent lighting in greenhouses. There are different form of vertical farming, hydroponic, aquaponic and aeroponics, this study will focus on aquaponics system. Effect of temperature and pH on aquaponics will be monitored. pH for most of the aquaponic system ranges between 6.8 – 7.2, it is best for plant, fish and bacterial species. Water temperature ranges from 68-86 °F or 20-30 °C and for tropical fish range of temperature is between 71-89 °F (22-32°C) for cold water fish temperature ranges between 50-64°F (10-18°C) (aquaponics, G. g. 2021) Different kind of plants and fishes that can be grown using aquaponic system will be monitored. Plants that have short production cycle, high yield, short stature, yearly demand and requires limited labour are best for aquaponic system. Fish species tilapia, catfish, bream, hybrid and arctic char striped bass while for enjoyment are Goldfish and koi are excellent options because they look very attractive. The aim of the thesis is to develop a successsful business plan for the future company. Different methods such as value chain analysis, SWOT analysis, value proposition canvas, and business model canvas are used to develop a business plan. Value chain analysis gave a close overview of the activities that take part in developing the value for the target customers. SWOT analysis showed the company can grow in the future and Actic char and tomato are the potential product in the future, but the company has very few potential customers which is a threat to the with the total budget 651000. The company can keep the project by delivering the right number of arctic char and tomato to target customers. The company will produce millions of kilo fish within 2025 to meet damage for high quality food.
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