Fish 2.0 awarded eight $5000 cash prizes to the top seafood ventures in each track of this year’s business competition. Diverse panels of investor-judges chose the cash prize winners from among 22 presenters who came out on top in six regional and two global tracks. Judges picked the strongest business in each track based on the presenters’ 3-minute pitches and 5-minute question-and-answer sessions on stage at the Innovation Forum at Stanford University.
Eight Sustainable Seafood Businesses
Win Top Honors at Fish 2.0 Innovation Forum
The winners, by track, are:
A full list of all Finalists is available on the Fish 2.0 website.
- Sustainable Fishery Trade (Chile and Peru), a Lima, Peru–based social enterprise that works with artisanal fishers to provide high-quality, traceable seafood direct to restaurants.
- Real Oyster Cult (New England), a Duxbury, Massachusetts, business that ships fresh oysters from all over North America direct to consumers overnight.
- Didd's Fishing Company (Pacific Islands), a Solomon Islands social enterprise that enables island communities to fish for premium deep-water species offshore, relieving pressure on in-shore fisheries.
- EnerGaia (Southeast Asia), a Bangkok-based company that farms spirulina, an algae superfood, on urban rooftops and in rural communities for use in a variety of food products.
- Panacea Oyster Co-Op (South Atlantic and Gulf Coast Shellfish) of Spring Creek, Florida, which is restoring oyster farming in Apalachicola Bay by creating a unified brand and guaranteeing purchases to farmers.
- Northline Seafoods (U.S. West Coast), an Alaska-based company whose unique floating processing facility eliminates waste and extends the shelf life of sustainable wild salmon.
- ThisFish (Transparency and Traceability) a Vancouver, B.C., company whose traceability software helps seafood enterprises around the world record key supply chain data and improve business efficiency.
- NovoNutrients (Supply Chain Innovation) of Sunnyvale, California, which is using food-grade bacteria to make fish feed from industrial carbon emissions.
ICX (Industry Connection) awards will be announced in early December
All 39 of the Fish 2.0 finalists are eligible for ICX (Industry Connection) prizes: unique opportunities for ventures to gain market insights and expertise from industry leaders that support growth and innovation in sustainable seafood. The Fish 2.0 advisory panel will select the winners of these prizes to be announced in December.
Audience chooses favorites in short-pitch session
Seventeen finalists delivered 90-second pitches directly to the audience of about 250 investors, business leaders and government representatives last week at the Innovation Forum. The audience voted for the company they most wanted to follow up with. The top vote-getter was American Unagi, a Thomaston, Maine, company that grows locally harvested glass eels to market size in a land-based aquaculture system, providing a sustainable eel option for the domestic market while creating economic opportunity in a rural area.
Five global trends are driving innovation
Leading up to the Innovation Forum, Fish 2.0 analyzed the market demands that companies throughout the Fish 2.0 network are responding to. They found that five accelerating global trends are driving transformation in the seafood industry: the need to predict and understand climate change impacts; wild fish stocks nearing maximum yield; product globalization and the rise of online sales; the worldwide growth of a health-conscious middle class; and aquaculture’s rapid expansion. These five trends are opening up new markets in the seafood sector, and ventures around the world are racing to capture a share of the opportunities. To read more about these trends, click here.
At the 2017 Innovation Forum
For more photos of the event, please go to the Fish 2.0 website
Fish 2.0 in the News
Read coverage of the Fish 2.0 Innovation Forum and Finals.
Jason Smith, of Undercurrent news, blogged live throughout the event. Learn more details about the panel discussions and ventures here: