Our oceans and the people who depend on them are in trouble. According to the United Nations Food and Agriculture Organization, about 70 percent of the world’s fisheries are fully exploited, overexploited or collapsing under the pressure of a $390 billion global seafood market. Yet analysts expect seafood demand to double by 2050, and island and coastal communities around the world depend on seafood for both sustenance and economic health.
The Fish 2.0 business competition was founded to accelerate solutions to this huge challenge by connecting sustainable fishing and aquaculture ventures with potential investors who could help them thrive. The value of making these connections was clear from last week’s 2015 Fish 2.0 Competition Finals & Sustainable Seafood Innovation Forum at Stanford University, where 37 entrepreneurs took the stage to pitch their businesses to investors. This talented group—which rose to the top in a four-phase process that initially involved 170 entrants—reflected the surge in entrepreneurial activity in the seafood sector worldwide, as well as the diversity and creativity of the responses to seafood’s social and environmental challenges.
For full article click here