Announcing winners of this year’s Fish 2.0 competition—innovations in aquaculture

Tides Canada continues to support the Fish 2.0 business competition (via our Salmon Aquaculture Innovation Fund) to advance sustainable aquaculture solutions that protect wild salmon and the marine environment while encouraging a successful seafood industry.

The Fish 2.0 competition connects global sustainable seafood and aquaculture businesses with potential investors. Through the competition, companies have the opportunity to improve their business models and pitch their ideas to a broad range of investors and supply chain partners. For investors, the competition exposes them to some of the top business ventures in the seafood sector. In the end, everyone gains from the knowledge and access that Fish 2.0 offers to increase investment in the sustainable seafood sector.

The winners of the Fish 2.0 business competition were announced last week in Stanford, California, recognizing the amazing innovations taking place in aquaculture, consumer products, and local fisheries.

“Fish 2.0 was an excellent opportunity to talk about emerging sustainable seafood solutions across the value chain,” says Catherine Emrick, Tides Canada’s Senior Associate, Aquaculture Innovation. “There was no question that sustainable aquaculture is a critical component of meeting the increasing global demand for seafood, and it has an essential role in ensuring a sustainable wild capture fishery.”

The winners included businesses from Canada, Mexico, the U.S., Chile, and Vanuatu. The Canadian winner was Nova Scotia–based SabrTech. Their RiverBox system, which provides algae-based aquaculture feed using waste streams from fish farms, was recognized for its great potential for social and environmental impact.

Fish 2.0 winners included Kampachi Farms Mexico, Nova Scotia’s SabrTech, and California’s Salty Girl Seafood. Photo: Fish 2.0

Fish 2.0 winners included Kampachi Farms Mexico, Nova Scotia’s SabrTech, and California’s Salty Girl Seafood. Photo: Fish 2.0

For Catherine, in addition to highlighting the success in the industry, the business competition also provided an illuminating look at what investors are looking for and insight for Tides Canada’s Salmon Aquaculture Innovation Fund. For instance, the fund has helped support research and business development for recirculating aquaculture systems (RAS)—land-based fish farms which allow all year round control and delivery of fish. The Fish 2.0 investors wanted to see more proof of business viability before investing in RAS.

“While it was disappointing to hear that some investors on the competition’s RAS panel want to see three years of profitability before investing in this space, panelist Mike Velings of Aqua-spark was clear in saying, ‘it is inevitable that RAS is one of the solutions of the future’,” says Catherine. “This reinforces how important the early support from solutions-oriented foundations like Tides Canada and the Gordon and Betty Moore Foundation, organizations like Sustainable Development Technology Canada and the Investment Agriculture Foundation of British Columbia, along with early impact investors like RAS panelist Jim Lawley, are to advancing sustainable aquaculture solutions.”

Read the full press release on Fish 2.0 here. Learn more about Tides Canada’s Salmon Aquaculture Innovation Fund.

Why freshwater matters: Our Living Waters and MEC

Our Living Waters (OLW) is a national water network that recognizes that achieving freshwater conservation requires the organization and alignment of diverse groups addressing freshwater issues. Outdoor retailer MEC is one organization deeply involved with OLW. We interviewed Meriko Kubota, MEC’s Director, Strategic Partnerships and Community Investment, to find out why freshwater is important in Canada and to MEC and its members.

Start your next meaningful relationship with our spectacular, natural backyard

What does conservation mean to you? Give Green Canada, a project on Tides Canada’s shared platform, and the Stewardship Centre for BC (SCBC) have come together with “Celebrating Stewardship Legacies”, a campaign to celebrate individuals who are working hard every day to help protect our land and water as part of Canada’s 150th anniversary of confederation.

Learning trip to Opaskwayak Cree Nation and Sherridon, Manitoba

Two weeks into my new role as Program Associate with Tides Canada working on the Northern Manitoba Food, Culture, and Community Collaborative (NMFCCC), I had the opportunity to go on the 2016 NMFCCC Learning Trip. The Collaborative’s fourth learning trip took us to Opaskwayak Cree Nation (OCN) and Sherridon for one week. The trip provides the Collaborative’s funders with an opportunity to get to know the community partners, learn about life in northern communities, and understand some of the challenges the people on the ground face.