Nutrition Technologies, Vietnam, PatBio Feed, Chile and Ynsect, France are among the feed and nutrition companies who have been shortlisted to pitch to investors Nov. 7–8 during the Fish 2.0 Innovation Forum at Stanford University. The Forum is the culminating event in the Fish 2.0 2017 competition for sustainable seafood businesses.
The group of finalists—winnowed from an initial pool of 184 entrants—stands out for its market traction, global character and high potential for impact on the seafood sector. About 50 percent of the finalists are post-revenue businesses, and more than half are based outside the U.S.
Just 40 companies remain in the US-based Fish 2.0 sustainable seafood competition and will pitch to investors, Nov. 7-8, at Stanford University, California, the organizers announced Tuesday.
“This is the strongest group ever,” said Monica Jain, the founder and executive director of the every-other-year competition, which started this time with 184 initial competitors and had been narrowed to 70 before the latest elimination round.
Among the remaining finalists are VakSea, a Baltimore, Maryland-based company that has come up with a new way to deliver vaccines to fish, and OneForNeptune, a company with offices in California and New Mexico that’s making jerky out of white fish offcuts. Undercurrent News took a look at both companies in an article last month.
FORTY companies have been named as finalists in this year’s Fish 2.0 competition, which aims to connect seafood businesses with investors.
The finalists, selected from 184 entries, have been selected for their market traction, global character and high potential for impact on the seafood sector, said the competition organisers.
They will now have the opportunity to pitch to investors during the Nov. 7–8 during the Fish 2.0 Innovation Forum at Stanford University from November 7-8, after which winners will be announced.
"This is the strongest group ever," said Monica Jain, Fish 2.0 founder and executive director. The level of innovation is potentially both system changing and very profitable.
"The finalists—winnowed from an initial pool of 184 entrants—stand out for their "market traction, global character and high potential for impact on the seafood sector."
Fish 2.0 on Monday released the names of 40 companies that will pitch their ideas to investors Nov. 7–8 during the Fish 2.0 Innovation Forum at Stanford University, the culminating event in the Fish 2.0 2017 competition for sustainable seafood businesses.
The finalists—winnowed from an initial pool of 184 entrants—stand out for their "market traction, global character and high potential for impact on the seafood sector," the group said. About 50 percent of the finalists are post-revenue businesses, and more than half are based outside the United States.
After gaining “superfood” status, the market for algae could reach up to $44.7 billion by 2023, according to a new report from Fish 2.0, a business competition designed to increase investment in sustainable seafood startups.
This year, the competition has seen a marked increase in the number of algae-focused startups applying to take part, with more than 10 of the 80 startups making it through to phase three (of four) of the competition working directly with algae.
The new free report explains that algae could transform industries if propagation and distribution are able to mature. The report argues that market demand is already in place and coming from many different industries.
Algae convert sunlight and carbon dioxide into fats and proteins that can be used in oils both for eating and fuel, as well as protein consumable by both humans and animals, and it also contains prized micro-nutrients.
Indonesia has made progress in its fight against illegal, unreported and unregulated fishing (IUU) practices in its waters in the last three years, but it still has work to do, according to Her Excellency Minister of Maritime Affairs and Fisheries of Indonesia, Susi Pudjiastuti.
At the sixth European Tuna Conference in Brussels, held on the eve of Seafood Expo Global, Pudjiastuti shared her experiences of attempting to get the Indonesian seafood industry back on track after decades of mismanagement, in which overfishing by foreign vessels, including many illegal operators, had pushed its fisheries to the brink of collapse.
There’s a global divide at the heart of the seafood industry: the businesses that most need new technologies are often continents away from the businesses creating them
Small-scale seafood operations in Asia, Latin America, and Africa catch and farm most of the seafood we eat. Startups in the U.S., Canada, and Europe are developing most of the technologies that promise to improve logistics, traceability, fish feeds, and aquaculture production. But distance and limited resources mean these businesses rarely meet. Bridging this divide is an essential step toward both healthy oceans and a healthy, equitable food supply
Fish 2.0 Competition Adds Dedicated Track for Southeast Asia Seafood Entrepreneurs
New track guarantees three spots at final event for Southeast Asia participants; February workshop in Bangkok gives entrepreneurs a head start on applying for the global business competition
Fish 2.0, the global competition and network for sustainable seafood businesses, is adding a special track for Southeast Asian entrepreneurs. The track will kick off with a three-day workshop focused on engaging investors and preparing participants to apply for the 2017 competition.