A two week long Innovation Workshop concluded on Thursday 10th July, focusing on disrupting global acquaculture.
The workshop, which took place in the Guinness Enterprise Centre, was held by Hatch and supported by Bord Iascaigh Mhara (BIM) under the European Maritime and Fisheries Fund. Participants were offered specific supports to start-ups including exposure to capital, mentoring and marketing expertise.
The 13 Irish based start-ups and projects selected to join the workshop specialised in areas such as aquaculture analytics, use of pulsed light for underwater disinfection, and the integrated use of bogland for trout production.
Jim O’Toole, CEO of BIM, met with founders of some of the businesses at the workshop and spoke about the need to drive innovation within the seafood sector in Ireland.
“BIM is constantly looking at how best to balance the demands being placed on the sector by a growing population and growing appetite for seafood in a way that’s sustainable for future generations. This workshop and this approach is helping to fast-track innovation to help address this.”
Participants at the workshop learned how to develop business plans and how to manage their business from Irish based and international mentors. The programme, aimed at strengthening the aquaculture innovation ecosystem in Ireland, has included mentors from international aquaculture spheres including Einar Wathne, ex global CEO of Cargill Aqua Nutrition and Chairperson of NCE Seafood Cluster in Bergen; Hatch Advisor Alex Marsh, Cargill Aqua Nutrition; and Jason Cleaversmith, General manager of Akva Scotland Group, Scotland.
Richard Donnelly, Development and Innovation Manager, BIM said: “This model helps to create a sense of urgency to the way we develop the aquaculture sector. This is the second Hatch workshop BIM has supported in less than 12 months. It’s been hugely encouraging to see the range of diversity of start-ups in this space.”
Wayne Murphy, Founder and COO, Hatch, said: “Ireland has a wonderful chance right now to play a strategic role in shaping the future of the global aquaculture industry by playing to its strengths, in terms of its ability to innovate and identify opportunity. This aquaculture workshop is focused on supporting those innovators by providing them with valuable insights into the industry, creating an entrepreneurial mindset and connecting them to a global network of people who can add real value to their potential.”
All startups will continue to receive follow-up support from BIM and Hatch.