By Madelyn Kearns, Editor
Published on Monday, September 21, 2015
The initial pool of 170 entrants for the Fish 2.0 seafood innovation competition was recently narrowed down to 37 finalists, who will pitch their plans to investors come 10-11 November at Stanford University.
The finalist/runner-up group consists of 23 companies that fall under the post-revenue ventures category, meaning they can demonstrate a market for their products. Moreover, the group features companies from all around the globe: 17 businesses are based in the United States, including two with operations in Chile; six are in Canada; four are based in Latin America; five operate in the South Pacific; two are based in Europe; and three are in Southeast Asia, according to the competition organizers.
Products that focus on areas like aquaculture, aquaponics, seafood technology, wild capture, traceability and the supply chain will all be presented at this year’s competition.
“The diversity and breadth of the finalists shows that innovation in seafood is growing all over the world. We are especially excited to see sustainability and invention taking root in the markets where the fish are coming from, not just where they are consumed—and to see change happening throughout the supply chain,” said Monica Jain, Fish 2.0 founder and executive director, of this year’s lot.
“Also, the fact that so many post-revenue companies are competing proves that there is a market for these new approaches. From what we see, these companies will not be stepping on each other’s toes—they’re each offering something different, and there is room in the market for most, if not all, of them to grow,” added Jain.
Finalists and runners-up will present their innovations to a group of 300 seafood experts and investors this November. Of the group, 18 companies will be given five minutes to pitch their product, while the other 19 – the runners-up – will be allotted 90 seconds to present.
Explore some of the standout companies that made this year’s Fish 2.0 cut by clicking through below.