Fish 2.0 2017 Competition Opens West Coast Track with Investment Event in Seattle

Fish20.org
  • CARMEL, CA
  • March 15, 2017

April 4 workshop and reception for Alaska, California, Oregon and Washington seafood businesses focuses on building networks and sparking interest from investors and buyers

The intensive workshop, open to seafood entrepreneurs from the West Coast and Alaska, provides coaching on how to communicate persuasively with investors and seafood buyers. It also gives participants opportunities to meaningfully connect with other innovative seafood businesses that could be key partners. To attend, entrepreneurs must register online and be invited.

“The workshop really opened up a new perspective for me on how I can improve my business and interact with investors” and was the “best investment training I’ve ever been to,” said two participants in prior workshops. “The accelerator I’ve been participating in was general, [so] it was really wonderful to have seafood-specific questions guiding me toward seafood-specific investors,” said another.

Entrepreneurs and investors meet, share insights

At the networking reception, investors and industry experts will get insights into emerging innovations and trends in the global seafood sector, as well as a chance to meet the participating entrepreneurs. Invitations to the reception are available by request from This email address is being protected from spambots. You need JavaScript enabled to view it..

The Salmon Innovation Fund (SIF), an early-stage technology fund focused on rebuilding wild salmon populations, is co-hosting the workshop. SIF Managing Partner Brock Mansfield will keynote the reception with a talk on new ways the seafood and technology industries can work together to create a more sustainable future.

“The problems related to the long-term sustainability of seafood are well known, but the solutions are not. Identifying, testing and deploying the right solutions is going to require an increased commitment to creativity, innovation and working together,” said Mansfield. “That is the value of Fish 2.0, which brings together industry, innovators and investors to push each other toward our shared goal: increasing the populations and resilience of our global seafood resources.”

Other sponsors of the workshop and the Fish 2.0 West Coast track are Rabobank, a premier lender to food businesses; the law firm Lane Powell, whose client list includes several major seafood businesses; and the Rasmuson Foundation, a well-known social and civic grant maker in Alaska. All have a strong connection to Fish 2.0’s mission to build the sustainable seafood sector worldwide.

Rabobank is a returning Fish 2.0 sponsor. Manuel Gonzalez, head of Startup Innovation at Rabobank, had this to say about the decision to stay involved: “The seafood industry is already home to cutting-edge innovation, but there is more to do to ensure this important sector is sustainable from a business and environmental perspective. We want to be a part of the innovation dialogue so we can be a true partner and solutions provider to seafood companies in North America and around the world. Fish 2.0 is a great forum for knowledge exchange and networking that brings us closer to generating those sustainable solutions.”

Lane Powell believes that with the Pacific Northwest’s evolving focus on the relationship between environmental and human-influenced processes, the companies that succeed in the fisheries space will be those that innovate around sustainability. “For that reason, we are proud and very excited to support Fish 2.0 and the startups and emerging companies going through the program,” said Frank Paganelli, chair of the firm’s Startups group.

For the Rasmuson Foundation, supporting fisheries and sustainable seafood is part of the founding family’s legacy, said Diane Kaplan, the foundation’s president and CEO. “We encourage innovation in a wide variety of sectors that benefit the lives of Alaskans, including cultivation of homegrown sustainable businesses that diversify our Alaskan economy,” she added.

Over 60 percent of prior Fish 2.0 finalists gained new investment, partners or customers

The Fish 2.0 competition connects seafood businesses from around the world with investors and each other, giving entrepreneurs an opportunity to grow their local networks, gain international visibility, win cash prizes, find strategic partners, and attract new investments. Over 60 percent of the finalists in the most recent competition, Fish 2.0 2015, gained investment, new partners, or new customers from connections they made during the program. The competition takes place over several months and pairs participants with investors and business advisors who work with them on developing their business strategy and positioning their enterprise for investment.

“We raised about $3.5 million through contacts I made through Fish 2.0,” said Jacqueline Claudia of Colorado-based Love the Wild, a 2015 runner-up. “Fish 2.0 really helped us fine-tune our business model. It was the domino that fundamentally changed the trajectory of my business. This is a group of people on the forefront of pushing ahead what sustainable seafood means.”

“We raised about $3.5 million through contacts I made through Fish 2.0,” said Jacqueline Claudia of Colorado-based Love the Wild, a 2015 runner-up. “Fish 2.0 really helped us fine-tune our business model. It was the domino that fundamentally changed the trajectory of my business. This is a group of people on the forefront of pushing ahead what sustainable seafood means.”

The competition’s West Coast track is open to wild-capture fishing businesses, including supply-chain companies, based in California, Oregon, Washington and Alaska. The three highest-scoring businesses from the West Coast track will be invited to pitch to investors at the final event Nov. 7–8 at Stanford University in Palo Alto, California. There they will join the top finishers from five other regional tracks (Chile and Peru, New England, Pacific Islands, Southeast Asia, and South Atlantic and Gulf Coast Shellfish) and two global tracks (Supply Chain Innovation and Transparency and Traceability).

Investors, seafood industry leaders, foundations and economic development agencies support the competition and interact with participating businesses. The Gordon and Betty Moore Foundation and the David and Lucile Packard Foundation are ongoing core sponsors of Fish 2.0.

Workshop participants are not required to enter the Fish 2.0 competition, but they will get a head start on the application and learn what investors want. Registration for the competition is open until April 29, 2017. Detailed information on the West Coast track and the workshop is available at http://www.fish20.org/westcoast.

About Fish 2.0

Fish 2.0 connects seafood businesses and investors to grow the sustainable seafood sector. Working through our unique global network, competition platform and events, Fish 2.0 participants collaborate to drive innovation, business growth and positive impact. Entrepreneurs meet potential investors, partners and advisors who help them accelerate impact and growth. Investors and experts get early access to investment opportunities and learn about emerging technologies and trends. And industry leaders gain direct access to sustainable seafood suppliers and partners.

Media contacts

Sandra Stewart, Thinkshift Communications
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+1 415-391-4449

Sarah Grolnic-McClurg, Thinkshift Communications
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510-898-1837

What people are saying about Fish 2.0

  • Mitchell Presser - Freshfields US and Investor in Ag Tech
    Fish 2.0 is a fantastic forum, bringing together innovative and cutting edge ideas for the future of our most efficient source of animal protein
    - Mitchell Presser, Freshfields US and Investor in Ag Tech
  • Amy Novogratz - Aqua-Spark
    We really value participating in Fish 2.0 as both sponsors and judges — it has expanded and strengthened our network.
    - Amy Novogratz, Aqua-Spark
  • Brock Mansfield - Salmon Innovation Fund
    Participating in Fish 2.0 as a judge, mentor and investor has made connecting easy, at both the local and global level.
    - Brock Mansfield, Salmon Innovation Fund
  • Andrew Beebe - Obvious Ventures
    Fish 2.0 is a homerun event. The quality of entrepreneurs, co-investors and corporate players in attendance is off the charts. I can’t recommend it more highly.
    - Andrew Beebe, Obvious Ventures
  • Mike Velings - Aqua-Spark
    Fish 2.0 has brought us really interesting deals to look at, gives a good sense of challenges and opportunities in the global seafood sector, and is always a great time.
    - Mike Velings, Aqua-Spark
  • Frank McGrath - Oberon Securities
    Fish 2.0 shows my investor base vetted, prepped organizations at sane expectations and valuations.
    - Frank McGrath, Oberon Securities
  • Leigh Moran - Calvert Foundation
    Fish 2.0 is unique amongst business competitions in that investors are ready to invest and competitors actually get investment! That is all too rare in many business competitions
    - Leigh Moran, Calvert Foundation
  • Kate Danaher - RSF Social Finance
    Working with Fish 2.0 as an online judge and advisor has given us amazing exposure to great companies/pipeline but more importantly it has given us the opportunity to educate ourselves on the sector.
    - Kate Danaher, RSF Social Finance
  • 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)
  • 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)
  • 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)
  • Mitchell Lench - Treetops Capital
    Awareness about sustainable seafood continues to rise, and impact investors want to support new initiatives in this arena, but it’s hard to find them. It was useful to see so many different types of sustainable seafood companies all in one place.
    - Mitchell Lench, Treetops Capital
  • 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)
  • 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)
  • 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)
  • 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)
  • 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
  • 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)
  • 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)
  • 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)
  • 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)
  • This is the most professional event I’ve attended in this sector.
    - Investor, Fish 2.0 2015
  • 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)
  • 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)
  • 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
  • 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)
  • 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)
  • 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)