Global Bugs is proud to announce that the company has been awarded the Seal of Excellence by the European Commission, with the purpose of implementing automated industrial production of insects based on vertical farming under controlled environment. Following evaluation by an international panel of independent experts, Global Bug’s project was scored as a high-quality project proposal in a highly competitive evaluation process i.e. passing all stringent Horizon 2020 assessment thresholds for the 3 award criteria (excellence, impact, quality and efficiency of implementation) required to receive funding from the EU budget Horizon 2020.
As we strive to be the best company when it comes to the production of, and the shift to, new protein sources based on insects, we are also proud to announce that Global Bugs have been approved by the Board Of Investment (BOI) which operates under the Prime Minister’s Office and is the principal government agency for encouraging investments in Thailand where our production facilities are located. We are the first cricket farm of 20,000 farms in Thailand, that has been approved by the Board Of Investment. By this approval we will, among other things, receive exemption from company tax and tax on dividends for a period of 8 years. This will lead to an enhanced competitiveness on the global market, which in turn will generate good ROI to the owners of Global Bugs.
A demand from the Board Of Investment to Global Bugs is to certify the company according to ISO 9000 and/or ISO 14000. As we strive for the highest quality within our production processes with a responsibility to contribute to a sustainable development in an environmental point of view, Global Bugs will implement both ISO 9000 and ISO 14000.
Prior the implementation of the quality and environmental management systems, we continue to implement the standards of GMP (Good Manufacturing Process) and the HACCP (Hazard Analysis and Critical Control Points) to our processes.