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The Blue Revolution Fund has closed its $93 million round of funding, which will allow it to invest in more than a dozen early-stage aquaculture ventures that aim to improve ocean health, address the impacts of climate change, and support coastal communities, the Fish Site reports.
"With the right practices and technologies, aquaculture can be a force for good, providing a low-carbon food source while actively supporting ocean health," says Robert Jones, director of global aquatic food systems for the Nature Conservancy, which advised the fund.
"Through strategic investments, BRF aims to accelerate the development and adoption of technologies and farming practices that have the potential to move aquaculture closer to realizing its nature-positive potential."
Hatch Blue, the investment manager for the fund, says it plans to invest in next-generation fish farms, regenerative seaweed and bivalve farming, nutrition, enabling technology, health and genetics, and alternative seafood.
"The Blue Revolution Fund is an example of a scalable investment solution that not only delivers a financial return to investors but also models a more sustainable approach to aquaculture investing by building measurable conservation outcomes into every investment," says Lauren Ferstandig of the Nature Conservancy, which will act as BRF's conservation manager.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Brock University scholars are creating innovations that advance research in their disciplines and beyond.Early detection and analysis of nodules done through computed tomography (CT) screening has...more
This year, the University of Arizona Health Sciences published research on the potential of cannabis terpenes for pain relief.The U of A Health Sciences also reported on new findings in the areas of...more
Memorandums of Understanding (MOUs), Designated Collaborating Organizations (DCOs), and informal partnerships are critical strategies for Community Behavioral Health Clinics (CCBHCs) to enhance...more
Frontiers in MS Research: Driving Innovation and Collaboration for a Better Future for People with MS - MS Australia.The symposium highlighted groundbreaking research on MS prevention, early...more
MED-EL Contest Aims to Inspire Young Hearing Health Innovators.Open to children aged 6 to 12 years, this year's contest is in celebration of World Inventors Day.The contest encourages entrants to...more
Bedrock will team up with BAMF Health, Michigan Innovation Headquarters (MI-HQ), Ferris State University, Wayne State University and TechTown on the project.Henry Ford Health and Michigan State...more
The Trifecta Initiative Facilitating Fund (TIFF) Awards are designed to provide investigators with resources towards federally funded NIH/NSF proposals.The TIFF Award is intended for targeted data...more
Officials with HCA Healthcare and the Virginia Foundation for Community College Education held a check presentation at Virginia Western Community College.The $50,000 grant will provide seed money to...more
Andersen Corporation Announces $50.8 million in Year-End Profit Sharing and 2024 Donations Totaling Over $5 million in Support of Local Communities.Andersen and its corporate foundation continued...more
The award is given annually to an outstanding young scientist working on some aspect of endocrine disruption research.It is in memory of Lou Guillette, Jr., Ph.D., the former director of the Marine...more
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Spotlight
Social Enterprise Shortlisted for First Citi Microentrepreneurship Awards
First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.
