- Huff Post.
- David Bank, September 16, 2015.
The ocean's problems are well known. Solutions, not so much. And opportunities to invest in those solutions have been even harder to find.
That's changing, in no small part thanks to Monica Jain and her Fish 2.0 business competition, which has just announced the 37 seafood and aquaculture companies that will compete for prizes and attention at the contest's final event at Stanford in November.
The seafood entrepreneurs, representing both start-up and growth-stage companies, will get a chance to pitch a room of investors, five-minutes for finalists and 90 seconds for semifinalists. But Fish 2.0 represents perhaps a bigger opportunity for investors and would-be sustainable seafood funders themselves.
After soliciting 170 entries and putting qualifiers through rounds of review and mentoring, Fish 2.0 is providing access to a global sustainable seafood deal pipeline. The range of ventures have vetted approaches to land- and sea-based aquaculture; rationalized wild-capture supply chain; "fishtech" innovations such as tiny sensors and Big Data analysis; and other promising areas.
Jain said the diversity and breadth of the finalists testifies to worldwide innovation in seafood. The final contestants, chosen from among 170 applicants, come from as far away as Vanuatu, Fiji, Malaysia and Thailand, as well as Mexico, Costa Rica, Chile and the U.S. and Canada. Jain, who launched Fish 2.0 with a first cycle of competition in 2013, made a big international push this year, with workshops around Asia and the South Pacific (see, "Fish 2.0 is Searching the Seven Seas for Seafood Entrepreneurs").
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