It’s getting competitive to hob-nob with seafood startups and industry innovators.
They're increasingly stealing the spotlight from the day-to-day quota and price concerns as big seafood production questions loom. Perhaps most pressing: an added 27 million metric tons of aquaculture production is needed to maintain the present level of per capita fish consumption in 2030, according to the United Nations Food and Agriculture Organization (FAO).
Enter Fish 2.0 founder Monica Jain, who began her international seafood business innovation competition Fish 2.0 in 2013. Since then, participation and interest has exploded.
"Investor interest has grown significantly each year since [our inception in] 2013 and is now higher than ever, both for Fish 2.0 and for the sustainable seafood field in general," Jain told Undercurrent News.
As her third biennial competition approaches in November, investors and participants are clamoring to get a piece of the action. The competition enables businesses tackling big challenges -- from commercializing insect-based feed to scaling up traceability systems -- to take a crack at becoming one of 40 finalists to present their ideas to a room of 300 attendees at its finals in November.