Startup Chonex Aims To Turn Chicken Poop Into Profit, With Help From Prosperity Fund
By Jerry UnderwoodThe Prosperity Fund
Southern Research’s Prosperity Fund is assisting an Alabama startup that sees one of nature’s great recyclers — the black soldier fly – as an instrument to convert chicken poop into high-value products such as protein-rich animal feed and organic fertilizer.
CHONEX, the brainchild of entrepreneur Michael Lynch and fifth-generation farmer Harley Martin, got its start about 18 months ago, and Southern Research has been involved in the firm’s development almost from the beginning.
“They’ve been a huge part of helping us solve some initial problems,” Lynch said. “We’re just getting started, but I imagine this is going to turn into a long-term relationship with Southern Research.”CHONEX calls itself an agribusiness nutrient recycling company, but that hardly tells the whole story.
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