Competition Helps Sustainable Seafood Businesses Increase Their Impact

Written by on February 16, 2015 in Fish, Other News
Oyster aquaculture in the U.S. Photo credit: NOAA.

Oyster aquaculture in the U.S. Photo credit: NOAA.

Fish 2.0 is a business competition designed to promote sustainable fishing and aquaculture practices. The competition connects seafood-related businesses focusing on sustainability with potential investors in order to “build the knowledge and access needed to increase investments in the sustainable seafood sector.” The competition aims to drive social and environmental change in the seafood supply chain.

“We noticed that investors in the field were having a hard time finding fisheries deals and fishery business owners were frustrated that investors had no interest,” Fish 2.0 Founder Monica Jain explains on the website. “We created Fish 2.0 to build connections between the groups.”

For business owners, Fish 2.0 is an opportunity to receive training and develop the connections necessary to attract investors and thus increase their potential impact. For investors, the competition provides early access to new fisheries and aquaculture businesses and ensures that they are investing in a legitimate business with the potential to improve the seafood sector.

The 2015 Fish 2.0 Business Competition is now open. Applications will be accepted through April 27th, 2015. This year, the competition will offer three tracks where businesses can compete for over $180,000 in cash prizes. There are several phases to the competition, starting with opportunities to demonstrate business models and growth potential, continuing with pitch development, and finishing in November when 36 finalists will present their ideas to a group of investors at Stanford University.

If you’re an investor or a business owner and you’re interested in learning more about Fish 2.0, be sure to check out their upcoming webinar, held on Tuesday, February 17. You can ask questions and hear directly from 2013 Fish 2.0 competition finalists and semi-finalists.

If you’re not in the sustainable seafood industry, it’s still worth keeping an eye on the competition. It will expose some impressive up and coming businesses that may play a big role in the seafood supply chain down the road. Check out some of the success stories here.

Copyright © 2015 by Marine Science Today, a publication of Marine Science Today LLC.

About the Author

About the Author: Emily Tripp is the Publisher and Editor of MarineScienceToday.com. She holds marine science and biology degrees from the University of Miami's Rosenstiel School of Marine and Atmospheric Science and a Master of Advanced Studies degree in Marine Biodiversity and Conservation from Scripps Institution of Oceanography. When she's not writing about marine science, she's probably running around outside or playing with her dog. .

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