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As a pioneer in the aquaculture industry,
INVE has always been about enabling growth

Fish oil challenge: deadline approaches

18 April 2018, at 7:22am

Less than two weeks are left to join a global race to innovate cost-competitive alternatives to fish oil – one of the key ingredients in feeds for aquaculture species.

The F3 Fish Oil Challenge will award at least $100,000 to the company or team that makes and sells the most fish-free “fish oil” to aquaculture operators or feed manufacturers. So far seven firms have registered - Guangdong Evergreen Feed Industry Co., Ltd. And Shen Zen Alpha Feed Co from China, Aquaculture innovation from the UK, Wintershine from Singapore, Veramaris from the Netherlands, and Two By Sea and ZeaChem from the US.

Fish oil capsules
Fish oil capsules

The goal of the challenge is to accelerate the availability of cost-competitive, viable alternatives to fish oil that provide the essential nutritional components for fish and at the same time help reduce demand for wild-caught fish for fish feed and enhance food security. A cash prize will be awarded to the company or team that sells the greatest amount of the key long chain omega-3s - DHA + EPA + ARA – as calculated from their sales of fish-free lipids to fish farmers or feed producers during the 16-month contest.

All contestants receive public relations support and media opportunities throughout the duration of the challenge and are invited to participate in an invitation-only meeting focused on alternative ingredients for aquaculture. This will be held in San Francisco in February 2019, where they will have the opportunity to present their products to investors, feed companies, and media.

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The growth story of Nireus, Greece

Like all Mediterranean producers, Nireus has a strong need to market their product as fresh, affordable and high quality fish, with traceability as an important asset. Building a stable future for the company on both technical and business knowledge, Nireus realizes that a healthy economy in aquaculture can only be built on healthy fish.

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Interested parties should register by 30 April at www.f3challenge.org.

Senior Editor at The Fish Site
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