• Fish 2.0
  • January 13, 2015

CARMEL, CA – More than 15 corporate industry leaders, investors, and philanthropists, including Pentair, CEI, Google Oceans, and RSF Social Finance, joined together to launch the new Fish 2.0 business competition this week.  Fish 2.0 connects investors with business leaders in fisheries, aquaculture, and seafood supply chains. It offers seafood businesses an opportunity to gain visibility, find strategic partners, and ultimately garner new investments in the range of $100,000 to over $10 million. The breadth of sponsors involved in this year’s competition reflects a growing interest in the seafood sector among investors with expertise in technology, supply chain operations, and food sectors systems. Both established companies and early stage enterprises can apply through the Fish 2.0 website (http://www.fish20.org). 

“Investors see rising demand for sustainable seafood products and an industry that is ripe for innovation,” says Monica Jain, Fish 2.0 Founder.  “Many in the seafood sector see these opportunities too. They have plans to grow their businesses and reach new markets—but they struggle to identify the right investors. Fish 2.0 connects these groups.”

Investors come to Fish 2.0 with a variety of interests, ranging from supply chain logistics to community development. Fish 2.0 offers them a chance to learn more about the seafood sector and meet emerging leaders in the industry.

“We have a 35-year history of investing in fisheries and aquaculture, and we've seen both financial and impact performance from these deals,” explains Dick Clime of CEI, a community investment institution in Maine and a sponsor of Fish 2.0. “Fish 2.0 helps us see a large number of new, quality businesses in one place.” 

“We believe sustainable aquaculture will play a big role in the future of food production globally,” adds Todd Gleason, Senior Vice President of Growth for Pentair, a global company with $7.0 billion in revenue that is also a sponsor through its Foundation. “We’re excited to support the growth of innovation in the sector.” 

During the 2013 competition, 160 businesses applied and 21 finalists presented to a room of over 100 investors.  Many of these companies report great growth in the past year.

“Fish 2.0 is the best thing I’ve ever done in the context of my business,” says Dane Chauvel of Organic Ocean. “We exceeded revenue projections by 10 percent last year and are on track to realize a 30 percent year-over-year increase in revenue this year. This wouldn't have happened in the absence of Fish 2.0 – it accelerated our path and provided a networking opportunity that we never would have gained otherwise.” 

In this year’s competition, businesses from around the world will compete for over $180,000 in cash prizes, and 36 finalists will present their ideas to investors during the competition finals at Stanford University. 

The 2015 competition will include tracks for pre- and post-revenue, early stage ventures, as well as a track for established growth companies that have been generating revenue for more than three years and are scaling. Fish 2.0 organizers urge business leaders to enter the competition via the website www.fish20.org. They also invite investors to sign-up as competition advisors and judges to get a first-hand view of activity in the sector.

As Jain explains, “In 2013, we were simply showing people that there were great business opportunities in sustainable seafood, now we’re showing people the breadth and depth of the sector  – we’re excited for more businesses and investors to join us in 2015.” 

 

Media Contact: Ashley Simons +1.415.412.7957

What people are saying about Fish 2.0

  • Gary Ullstrom - Kuterra
    It’s not just a seminar, it’s the real thing – you’re pitching to real people with real money.
    - Gary Ullstrom, Fish 2.0 2013 Finalist (Canada)
  • Diane Durance - Harvest Food & Fisheries
    As a semi-finalist in 2013, I experienced first-hand how important it is to get your venture in front of investors who are knowledgeable and interested in your field. Fish 2.0 is the organization making that possible for entrepreneurs in aquaculture and sustainable fisheries.
    - Diane Durance, Fish 2.0 2013 Semi-finalist (USA)
  • Emmanuelle Bourgois - FairAgora
    Fish 2.0 competition has been a unique learning experience. It shaped the idea from a concept to a robust business model, boosted confidence in my entrepreneurship skills and is the real starting point of this amazing and innovative adventure.
    - Emmanuelle Bourgois, Fish 2.0 2015 Competitor (Thailand)
  • Sherry Flummerfelt - Monterey Bay Fisheries Trust
    I made some excellent connections, learned so much, and feel like our organization has grown considerably as a result of participating in Fish 2.0.
    - Sherry Flummerfelt, Fish 2.0 2015 Finalist (USA)
  • David Walfish - Ho'olou Pacific
    The Fish 2.0 organizers have done a fantastic job creating the world's first fishing and aquaculture business competition. Our advisors and the webinars have been top-notch, and the amount of interest and number of investors Fish 2.0 has attracted is incredible.
    - David Walfish, Fish 2.0 2013 Third Place Winner (USA)
  • Andriet Tilfas - Hapmak Market
    It helped me connect with a lot of new business people around the world. Not only to help with our small scale in a remote island but to expand services because there are a lot of opportunities out there.
    - Andriet Tilfas, Fish 2.0 2015 Competitor (Micronesia)
  • Dane Chauvel - Organic Ocean Seafood
    Fish 2.0 helped us grow our business, but more importantly, it helped us optimize our business. We are doing more, and doing it better. I don’t believe we would have gotten here as quickly if we had not gone through the Fish 2.0 planning exercise.
    - Dane Chauvel, Fish 2.0 2013 Finalist (Canada)
  • Gary Beatty - Inland Shrimp Company
    People found us through the media around Fish 2.0 – people who want to have shrimp locally have gone out of their way to contact us."
    - Gary Beatty, Fish 2.0 2013 Semi-finalist (USA)
  • Kit Barron - CapLog Group
    Fish 2.0 takes the fish by the fins and creates a much needed mechanism through which the right industry experience, innovative thinkers and financial backing can come together to move new ideas in seafood to market.
    - Kit Barron, CapLog Group, LLC and Fish 2.0 2013 Advisor
  • Fish 2.0 is the place to
    learn more about what kinds of technology and business advances are occurring in the seafood industry.
    - Investor, Fish 2.0 2015
  • David Stover - Bureo
    It makes you kind of step back and look at what's actually going on, ... question what path are you on, where are we going ... in that sense, it's an extremely valuable process to kind of put things on paper and take a look at it.
    - David Stover, Fish 2.0 2015 Finalist (Chile)
  • Brett Haywood - Sea Quest Group
    Helped us look within and be able to convey our positive impacts, whether its socially, environmentally or resource based, and convey this to our markets and partners.
    - Brett Haywood, Fish 2.0 2015 Finalist (Fiji)
  • Kelly Harrell - Alaska Marine Conservation Council
    For those in the fisheries world, Fish 2.0 has quickly become the go-to place for those interested in advancing cutting-edge business models focused on the triple-bottom line of social, environmental, and economic impact.
    - Kelly Harrell, Fish 2.0 2015 Finalist (USA)
  • Ed Robinson - Acadia Harvest
    All the people we dealt with on the Fish 2.0 team were great to work with. We’d have no hesitation to do it again.
    - Ed Robinson, Fish 2.0 2013 Semi finalist and 2015 Finalist (USA)
  • Margot Kane - Calvert Foundation
    Fish 2.0 helps fill a critical missing part of the ecosystem around financing sustainable fisheries and aquaculture. We look forward to connecting this effort to our thousands of investors motivated by positive social and environmental change.
    - Margot Kane, Calvert Foundation and Fish 2.0 2015 & 2013 Judge
  • This is the most professional event I’ve attended in this sector.
    - Investor, Fish 2.0 2015
  • Fish 2.0 offers
    a unique mix of innovative business ideas and people who have the influence to make them succeed.
    - Dick Clime, CEI Maine
  • Dr. Karsidete Teeranitayatarn - Green Innovative Biotech
    This made my company grow up and served as a springboard. We received interest and collaboration from around the world, including Fiji, Northern Canada, Alaska, Marshall Island, and venture capitalists from Silicon Valley.
    -Dr. Karsidete Teeranitayatarn, Fish 2.0 2015 Finalist (Thailand)
  • Roxanne Nanninga - Tru Fish
    This was a great opportunity to pitch to a very relevant group of people. I made some very valuable connections.
    - Roxanne Nanninga, Fish 2.0 2015 Finalist (USA)
  • Beau Seil - Unitus Impact
    We believe that creating sustainable fisheries will have long-lasting impact on ensuring and improving the livelihoods of large populations in the developing world.
    - Beau Seil, Managing Partner, Unitus Impact
  • Mike Betts - AgFunder
    Fish 2.0 provided a huge amount of value to the investor community in really getting exposure for and curating companies, that is super valuable. It's one of the best I have been to in the food and ag sector. Everything from the quality of the attendees and companies, the content, the engagement.
    - Mike Betts, AgFunder (USA)
  • Alan Lovewell - Local Catch Monterey Bay
    Fish 2.0 is a great way to expand your network. We learned about other fish businesses and opportunities for collaboration--that exposure is very hard to do on your own.
    - Alan Lovewell, Fish 2.0 2013 Finalist (USA)
  • Alfred Kalontas - Alfa Fishing
    Fish 2.0 helped me understand my brand better. It helped me refine my business structure to represent my business brand.
    - Alfred Kalontas, Fish 2.0 2015 Finalist (Vanuatu)
  • Hoyt Peckham - SmartFish
    It changed the way I prepare for all sorts of investor interactions, and it greatly improved our success.
    - Hoyt Peckham, Fish 2.0 2013 Semi-finalist (Mexico)
  • What I liked about Fish 2.0 was
    the high-quality content and very well curated line-up of companies.
    - Investor, Fish 2.0 2015