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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