• Love connection: Aquaculture investor finds partner in retail seafood brand


    Aqua-Spark gives financial boost to LoveTheWild, makers of unique frozen seafood meals.

    When LoveTheWild co-founders Jacqueline Claudia and Christy Brouker started looking for investors in 2015, the two could afford to be picky. Their first choice was Netherlands-based Aqua-Spark, an investment fund focused on sustainable aquaculture and one that announced a $2.5 million (EUR 2.3 million) investment in December 2016.

    “I identified Aqua-Spark two years ago as an investment fund I wanted to work with because they’re the only ones investing in aquaculture for consumers,” Claudia said. “We’d talked with more traditional food funds and even though the terms of the deal we signed were similar with those of other investors that approached us, at the end of the day I felt our mission was more aligned with what Aqua-Spark was doing. Aqua-Spark knows that aquaculture is a long-term game, while traditional investors are looking for short-term profit.”

    Amy Novogratz, a partner at Aqua-Spark, recalled watching Claudia and Brouker present their company at Fish 2.0 in 2015 and being immediately impressed. “They were this incredibly strong team of women. Aquaculture and seafood is still confusing to many people, but they were so clear about how to make choices and they offered such a clear solution – we loved what they were doing from the first minute.”

    For full article click here 

  • White House awards hint at aquaculture's potential in the United States


    Champions of Change recipients say innovation key to industry's growth and acceptance.

    Every year for the last eight years the Obama administration has awarded innovators in a range of fields for their transformative contributions to American society. The last installment of these Champions of Change awards, presented in a ceremony held in October, celebrated the work of change-makers in sustainable seafood, from chefs to fishermen to aquaculture advocates.

    Aquaculture was represented by several diverse innovators, including Monica Jain, whose social enterprise Fish 2.0 works to develop the field of sustainable seafood; Dr. Kevan Main, head of Mote Marine Laboratory and Aquarium’s aquaculture research program; Byron Encalade, president of the Louisiana Oysterman Association; and Luka Mossman, who works with traditional Hawaiian fishpond aquaculture.

    Aquaculture has huge potential but a long way to go toward acceptance in the United States, where much more focus has been placed on ensuring that wild-catch fisheries are sustainable. Aquaculture is arguably the future of the world’s seafood supply, and in the decades ahead farmed seafood may be a primary source of protein for the world’s booming population.

    Already, more than 50 percent of the world’s seafood comes from aquaculture, including almost half of the U.S. supply. Still, a mere 4.5 percent of farmed seafood is produced in the Americas, with 88 perfect of farmed seafood originating from Asia.

    For full article click here 

  • Could a Partnership Born of Fish 2.0 Become the Red Bull of Seafood?

    National Geographic
    • National Geographic
    • Monica Jain, January 6, 2017

    There’s a global divide at the heart of the seafood industry: the businesses that most need new technologies are often continents away from the businesses creating them

    Small-scale seafood operations in Asia, Latin America, and Africa catch and farm most of the seafood we eat. Startups in the U.S., Canada, and Europe are developing most of the technologies that promise to improve logistics, traceability, fish feeds, and aquaculture production. But distance and limited resources mean these businesses rarely meet. Bridging this divide is an essential step toward both healthy oceans and a healthy, equitable food supply

  • Social Entrepreneurs Find Growth in Unexpected Places

    • Anne Field
    • December 22, 2016

    What a difference a year makes, especially in the life of a startup. About a year ago, we met Salty Girl Seafood and Bureo, two fledgling social enterprises and winners of the Fish 2.0 business competition. Since then, both have expanded and, as often happens with startups, discovered opportunities in unexpected places.

  • Southeast Asia Seafood Businesses: Apply Now for February Fish 2.0 Workshop

    Fish20.org
    • CARMEL, CA
    • December 23, 2016

    Fish 2.0 Competition Adds Dedicated Track for Southeast Asia Seafood Entrepreneurs

    New track guarantees three spots at final event for Southeast Asia participants; February workshop in Bangkok gives entrepreneurs a head start on applying for the global business competition

    Fish 2.0, the global competition and network for sustainable seafood businesses, is adding a special track for Southeast Asian entrepreneurs. The track will kick off with a three-day workshop focused on engaging investors and preparing participants to apply for the 2017 competition.

  • New England Workshop Coverage


     
  • New England Seafood Businesses: Apply Now for February Fish 2.0 Workshop

    • CARMEL, CA
    • December 12, 2016

    Three-day program in Boston area provides business-building advice and training, plus a head start on applying for the global Fish 2.0 competition; workshop applications are due Jan.

    Fish 2.0 will hold a free three-day business development workshop for New England seafood businesses at Salem State University in Salem, Massachusetts, Feb. 6–8, 2017. Participants will learn how to communicate about their business in a way that attracts interest, practice pitching to investors and buyers, and get advice on integrating social and environmental sustainability into their business strategy. The one-page workshop application, available at http://www.fish20.org/newenglandtrack, is due by Jan. 6.

  • Creative Energy Flows to Seafood Sector in South Pacific

    National Geographic
    • Monica Jain
    • December 6, 2016

    “If you had the opportunity to generate income for a whole island, what would you do?”

    That’s how Lili Kawaguchi opened her pitch during the closing session of Fish 2.0’s Pacific Islands business development workshop. The question grabbed the audience’s attention, as did the rest of the Tongan entrepreneur’s pitch for her seaweed products startup. But it’s a pitch she wouldn’t have made two days earlier, at the start of the workshop.

  • Getting Investors Excited About Sustainable Seafood

     
    • Monica Jain
    • November 10, 2016

    Getting Investors Excited About Sustainable Seafood 
    November 9, 2016

    Anyone who’s spent time in the sustainable seafood sector will tell you it’s a growing industry, full of creativity and innovation – one ripe for investments that will pay out in stronger economies and healthier oceans.

  • Impact Investing for Ocean Ecosystems and Users

    • MEAM Staff
    • October 3, 2016

    Impact investing for ocean ecosystems and users: Capital available, but projects needed!
    October 3, 2016

    For decades, the idea of ‘socially responsible investing’ meant little more than not including companies considered to have a negative social or environmental impact in an investment portfolio. Increasingly, investors are seeking to fund ventures or initiatives that actively achieve positive (and measurable) social or environmental results – while still generating financial returns. These “impact investments” can be made in both emerging and developed markets. And they can tolerate a range of returns, from below-market to above-market rates.

  • Pacific Islands Workshop Coverage


     

    The Fiji Times: Expert advice for firms

    The Fiji Times: US calls for sustainable fish stock 

    WWF Pacific: US Ambassador opens Pacific Workshop for the 2017 Fish 2.0 Competition

    Loop Samoa: Fish 2.0 returns to the Pacific

  • US calls for sustainable fish stock

    The Fiji Times Online
    • The Fiji Times Online

    United States ambassador to Fiji Judith Cefkin made these comments during the opening of the FISH 2.0 business development workshop in Suva today and added that the US placed priority in promoting sustainable fisheries.

  • White House Recognizes Fish 2.0 Founder


    WASHINGTON, D.C., October 4, 2016. 

    Monica Jain named one of 12 White House Champions of Change for Sustainable Seafood

    On Friday, October 7, the White House will recognize Fish 2.0 founder Monica Jain, Fish 2.0 alumnus Alan Lovewell and 10 other people from across the country as White House Champions of Change for Sustainable Seafood. Jain earned the honor for her achievements with Fish 2.0, as well as her longtime dedication to ocean conservation and advancing seafood sustainability. Lovewell, the CEO and co-founder of Real Good Fish and a 2013 Fish 2.0 finalist, earned recognition for building a community-supported fishery that connects local fishermen with local consumers via weekly deliveries of high-quality sustainable seafood.

    “The United States fishing industry is critical to the economic health and well-being of communities across the country, supporting 1.8 million jobs and contributing over $200 billion to the economy in 2014,” the White House release says. “However, our marine ecosystems are under threat from multiple stressors, including climate change and ocean acidification. The need for innovation in sustainable fisheries has never been greater."

    “Local leaders serve as the backbone of our communities, working to build resilient coasts and striving to protect the at-risk towns whose futures depend on the recovery of our fisheries. The administration applauds the hard work, collaboration and sacrifice by many across the country to become responsible stewards and safeguard our seafood security. These Champions of Change are ensuring the United States is a global leader in sustainable seafood management.”

  • Fish 2.0 to Hold Workshop for Pacific Islands Seafood Businesses—Apply Now

    National Geographic
    • CARMEL, CA
    • September 26, 2016

    Three-day program in Fiji provides business-building advice, help in applying for global competition; workshop applications due October 5

    Fish 2.0 will hold a free three-day business development workshop for Pacific Islands seafood businesses in Suva, Fiji, November 8-10, 2016. Participants will receive expert advice on communicating about their business, training on pitching to investors, and guidance on succeeding in the 2017 Fish 2.0 competition. The one-page workshop application, available at http://www.fish20.org/2017pacifictrack, is due October 5.

  • A Startup in the South Pacific Could Be a Worldwide Model

    National Geographic
    • Monica Jain
    • Sept 7, 2016

    Alfred Kalontas, the founder of ALFA Fishing in Vanuatu, bootstrapped his business from nothing to become the preferred seafood supplier to over 70 percent of the hotels and restaurants in the island nation’s capital, Port Vila. He is now starting to export his high-quality, sustainably caught products to New Zealand and is seeing demand from Australia and beyond.

  • Economies of Scale: Smart Ideas to Fight Fish Fraud

    • Maddie Oatman
    • June 3, 2016

    When you buy fish from the grocery store, it's not always clear exactly what you're getting. The industry is fragmented and murky, plagued by seafood fraud—when fishermen or processors take cheaper, lower quality fish and disguise or mislabel it to try and make more money. Don't count on regulators to catch this deception. In 2009, the Government Accountability Office took a hard look at the three agencies responsible for detecting seafood fraud, and concluded they were failing to "effectively collaborate with each other"—putting consumers' wallets and health at risk.

  • The Race to Find Fish Feeds That Don’t Bankrupt the Ocean

    • Monica Jain
    • May 24, 2016

    Wild fisheries are stable at best and declining at worst. That means we need aquaculture to meet the world’s growing demand for protein. And to feed the world sustainably, the industry has to figure out how to feed farmed fish without using wild fish stocks.

  • Fish 2.0 Network Scales Sustainable Seafood Businesses

    • Monica Jain
    • April 26, 2016

    “Fish 2.0 accelerated our business to a fundamentally different level.” “It’s boosted the confidence and pride of board and staff in our business model, in addition to validating our model with current and potential funders.” “Winning Fish 2.0 was a huge event for our young company.”

  • State of Green Business: The business of oceans catches a wave

    • Elsa Wenzel
    • April 16, 2016

    Seventy percent of the earth’s surface is made of oceans, yet only 5 percent of this vast expanse has been explored — and far less than that protected. Businesses are waking up to untapped economic opportunities within these watery regions, which absorb 30 percent of the planet’s carbon emissions.

  • Monica Jain. The Carmel Valley resident and Fish 2.0 founder riffs on sustainable seafood, and the industry’s future.

    • David Schmalz
    • April 14, 2016

    It wasn’t until Monica Jain was in her 20s that she fell in love with the sea, but it’s not her fault. A St. Louis, Missouri native, Jain studied biology at Stanford, thinking she would go to medical school. As a senior in need of extra credits, she took a scuba diving class, and made her first-ever dive in Monterey Bay near Lovers Point. “I was like, ‘Stop the press! There’s a whole world under here and no one told me!’” she says. “I was so upset.”