The Blue Economy Challenge
Australia’s $3m Blue Economy Aquaculture Challenge has uncovered 10 innovations that have potential to transform aquaculture practices.
We received over 220 innovative ideas from more than 40 countries, with our top ten winners announced at the World Wildlife Fund headquarters in Washington D.C. on 16 September 2016. The Award winners will use the prize money to further develop and implement their solutions and innovations.
What was the Blue Economy Aquaculture Challenge?
The challenge called for innovators, entrepreneurs, designers, NGOs and academics to rethink advances in aquaculture to provide solutions that ensure both sustainable development and environmental sustainability.
Why is aquaculture important?
Aquaculture has great potential to contribute to food security, nutrition, livelihoods and economic growth. But if the industry’s growth is at the expense of ocean health and conservation, then developing countries will not harvest long term social and economic benefits.
How did the challenge work?
Entrants to the Blue Economy Aquaculture Challenge were asked to address one of three key challenges:
• Rethinking feed
• Developing new ocean products
• Enhancing sustainable design
The top ten teams were selected to become the first-ever class of Aquacelerator Fellows. Fellows participate in a seven month program of in-person and online business growth opportunities and customised support. They are exposed to a global network of like-minded market leaders, technical experts, philanthropic, NGO and public-sector actors and SecondMuse program guides, to scale their technical capabilities, increase the impact of their designs and facilitate investment opportunities.
And the winning innovators are…
AgriProtein Technologies: Industrial-scale insect meal protein replacement of fishmeal in fish feed
Bridging International Communities: Oasis Aquaponic Food Production System
Climate Foundation: Open water Marine Permaculture Arrays
EnerGaia Co. Ltd: Sustainable production of Spirulina
Indian Ocean Trepang: Sea cucumber farming for local communities
Institute of Marine Sciences – SEA PoWer: Improved seaweed farming technology for women
MicroSynbiotiX, Ltd.: Algal oral vaccines for disease management
Odyssey Sensors: A low-cost solar-powered salinity sensor
The Recycler Ltd.: Larvae from biowaste for aquaculture feed
WorldFish and CSIRO – NovacqTM: Novel sustainable aquafeeds