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Entrepreneurs with new business ideas sought for Aquatech Innovation Studio programme

The 37 start-ups which have been via the programmes within the final 4 years now make use of over 160 individuals and have raised over €13 million thus far. Members have gone on to fund companies in seaweed, genetics and specialist expertise for meat and seafood processors.

Profitable candidates this yr could have the chance to attach with a worldwide community of aquaculture trade specialists to validate their concepts, perceive key market insights, be taught to pitch for funding and successfully work together with clients.

Aquatech can contain all the things from AI sensors and satellites to aquaculture methods for species, but it surely additionally has potential to revolutionise small-scale manufacturing and safeguard meals safety.

For the reason that launch of the initiative, BIM, Eire’s seafood growth company and Hatch, the corporate behind the world’s first aquaculture accelerator programme, have collectively helped to foster a notable rise within the quantity and revenues of the nation’s aquaculture entrepreneurs.

This yr’s in-person programme has a brand-new format, with individuals spending two to 3 days per week over the course of July in Kerry and Dublin, and the programme additionally embrace a website go to to Bergen later within the yr.

Richard Donnelly, BIM’s Innovation and Improvement Supervisor, stated that Eire is likely one of the international leaders within the aquatech growth sector:

“Contingents from different nations have made website journeys right here to see the work and innovation that is happening. However extra importantly, Eire can be exporting this experience and information, with a number of spin-out firms and outposts in different elements of the world.

“This programme, which we run with Hatch, is a unbelievable approach for somebody with an curiosity within the space – or an thought they need to check – to return onboard and be taught an enormous quantity.”

Wayne Murphy, co-founder and managing accomplice at Hatch, stated that participation within the 2022 Innovation Studio is a unbelievable option to trial an aquatech enterprise thought or see if it may be brough to fruition:

“In addition to an opportunity to fulfill and be taught from aquaculture trade specialists, potential buyers and enterprise growth gurus, individuals could have the chance to journey to Bergen to go to different initiatives, develop their worldwide networks and expertise life in one among largest aquaculture ecosystems on the planet.”

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