In order to maintain healthy and sustainable businesses, communities and wider ecosystems, good resource management and conservation practices are essential. However, a truly sustainable seafood sector faces big challenges – including fragmentation and isolation, difficult access to investors, or even basic support for due diligence and deal closing.
Our marine conservation and oceans and seafood markets initiatives recognized the need to address these challenges, with the help of seafood companies and other partners. This is why we supported the 2017 Fish 2.0 business competition – to help advance sustainable fisheries, with a particular focus on New England wild capture fishery businesses.
By creating an incentive for promising seafood companies to grow and mature their businesses, Fish 2.0 rewards responsible marine resources management with access to global investors and leaders.
Earlier this month, Fish 2.0 awarded cash prizes to eight seafood ventures earning the highest scores in this year’s business competition. The winners were selected with current global trends in mind – market trends and challenges include: wild fish stocks nearing maximum yield, climate change impacts and the worldwide growth of a health-conscious middle class population.
“The winners are simplifying supply chains while increasing income for fishers and farmers, bringing to market creative approaches to aquaculture production and traceability, and getting consumers excited about seafood.”
The full list of winners can be found in the Fish 2.0 press release.
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