Where Seafood Businesses and Investors Connect
Published on Apr 15, 2015

Industry Leader Support for Fish 2.0 Shows Surging Interest in Sustainable Seafood

CARMEL, CA, April 16, 2015. 

Rabobank, Costco, Pentair and Fish Vet Group are the latest to offer premium prizes to finalists in seafood business competition—entries are due April 27.

Some the biggest, best-known and most respected players in the seafood industry—from investors to retailers—are now offering premium prizes to finalists in the Fish 2.0 business competition, which connects innovative fishing and aquaculture businesses with investors seeking seafood sector opportunities that will produce financial, environmental and social returns.

The latest leaders to contribute Open Door Prizes, designed to give winners crucial access to high-level buyers, market analysts and business advisors, include Rabobank, Costco Wholesale, Pentair and Fish Vet Group. Competing companies must apply to Fish 2.0 at fish20.org by April 27, 2015. The competition is open to both established and early-stage businesses from around the world.

“We’re excited to be able to offer these prizes from leaders in the seafood industry,” says Fish 2.0 founder Monica Jain. “All of our prizes and sponsorships represent a deep engagement with competition entrants that goes beyond financial support to actively furthering sustainability and fostering business connections that spur industry growth.”

The Pentair Aquatic Eco-Systems Open Door Prize is free admission for five Fish 2.0 finalists to one of two workshops to be held in Florida in spring 2016: a four-day Aquaponics Technology and Design workshop or a three-day Recirculating Aquaculture Systems (RAS) Technology workshop. Pentair Aquatic Eco-Systems (https://pentairaes.com/) is a leader in the design and manufacture of aquaculture systems. The Pentair Foundation is a Fish 2.0 sponsor.

The Rabobank Open Door Prize is a half-day consultation with Rabobank’s North American seafood lending team and a consultation with a Rabobank global seafood analyst. The prize aims to give a growing seafood business insights on how to strategically use debt and successfully structure investments as it grows, and to help it better understand the marketplace, competitive forces and trends that will affect the business’s growth and success. Rabobank (http://www.rabobank.com), the premier bank to the global food and agribusiness sector, has also signed on as a supporting sponsor of Fish 2.0.

The Costco Open Door Prize is a half-day meeting and consultation with Costco (http://www.costco.com) fresh and frozen foods buyers, plus a Costco warehouse walk to explain the company’s merchandising philosophy and quality expectations. Competitors from around the world are eligible.

The Fish Vet Group Open Door Prize is a one-day training session in aquatic health management at Fish Vet Group labs in Portland, Maine. The training includes principles of fish welfare, health program development and sample collection for common diagnostic assays. Fish Vet Group (http://fishvetgroup.com) is the world’s largest dedicated aquaculture health provider, with a footprint on three continents.

Other recently announced prizes include the IntraFish Open Door Prize, three free passes to the IntraFish Seafood Investor Forum in Spring 2016 from the world’s largest seafood news and information provider (http://www.intrafish.com/news/); and the FS6 Open Door Prize, one seat in the six-month training program offered by Food System 6 (http://foodsystem6.com), a new California-based accelerator program.

Previously announced Open Door prizes are a half-day meeting with High Liner Foods’ global procurement vice president or a designated colleague at the company’s Portsmouth, New Hampshire, office; and a prize package from the European B2B marketplace Wabel featuring at least eight face-to-face meetings with seafood buyers from Europe’s largest retailers, such as Carrefour, Tesco, Auchan, Kaufland, Metro and Casino, plus other benefits.

Full descriptions of all the prizes, as well as eligibility details, are on the Fish 2.0 website (http://www.fish20.org/prizes/).

“Looking at the entire group of Open Door prizes and Fish 2.0 sponsors, I see high-profile companies in all aspects of the seafood industry, along with the philanthropic and impact investment communities, pushing toward the single goal of growing the sustainable seafood industry,” says Jain. “These organizations are putting money as well as time and other resources behind this effort.”

About Fish 2.0

The Fish 2.0 business competition builds the knowledge and connections needed to increase investment in the sustainable seafood sector. Competitors improve their business models and learn how to approach investors, and investors gain early access to new deals and learn how sustainable seafood can help build their portfolios. During the 2013 competition, 160 businesses applied and 21 finalists presented to a room of over 100 investors. This year, businesses from around the world will compete for over $180,000 in cash prizes, and 36 finalists will present their ideas to investors. Find more information at www.fish20.org.