Thursday, June 8, 2023
Hawai'i Free Press

Current Articles | Archives

Thursday, April 18, 2019
State Launches Aquaculture Accelerator
By News Release @ 10:00 AM :: 4441 Views :: Small Business, Tax Credits


News Release from  Office of the Governor, April 17, 2019

HONOLULU – Hawai‘i Island will be home to a new aquaculture accelerator that aims to attract startups that focus on sustainable solutions for the aquaculture industry. Solutions include innovative feed solutions, breakthrough technology in animal health, and farm and water management.

The new accelerator and its associated investment fund were established by the Natural Energy Laboratory of Hawai‘i Authority (NELHA), the Hawai‘i Strategic Development Corporation (HSDC) and the University of Hawai‘i’s UH Ventures, LLC (UHV).

After a highly competitive application process, HATCH was selected as the best candidate to operate the Hawai‘i accelerator and run the investment fund. HATCH is the world’s first sustainable aquaculture accelerator, with operations in Norway and Singapore. 

The accelerator will initially be fully funded for three years and is expected to nurture three cohorts of 10 to 12 globally relevant aquaculture technology startups per year.

“This effort is very much in line with our administration’s ongoing focus to build an innovation-based economy, advance the state’s commitment to sustainability and add tie-in to initiatives,” said Gov. David Ige.

According to HSDC Director Karl Fooks, the global aquaculture industry is poised for a sustained period of growth and expansion. “Hawai‘i is home to both pioneering industry research efforts and commercial activities that have made significant contributions to the global industry. Through this accelerator and fund, the state will further raise its global visibility in marine technology and capitalize on the commercial opportunity in the global aquaculture industry,” Fooks said.

The accelerator will be based at NELHA’s Hawai‘i Ocean Science and Technology Park (HOST Park) in Kailua-Kona on Hawai‘i ‘i Island and is expected to start its first cohort in the fall of 2019.

“HOST Park is the perfect playground for innovative minds that are seeking to make a major difference in the field of aquaculture. The world class facilities at NELHA offer perfect conditions for fast prototyping and iterative innovative ideas,” said HATCH Chief Executive Officer Carsten Krome.

“The accelerator is in alignment with many of our existing research and training programs at the University of Hawai‘i,” said UH Vice President for Research and Innovation Vassilis L. Syrmos. “We look forward to playing a significant role in creating a bright future in sustainable aquaculture for the state by helping to develop a skilled, knowledge-based workforce to make it flourish.”

The concept for the accelerator originated as a direct result of recommendations produced by more than 100 participants at the 2017 Hawai‘i Aquaculture Industry Summit. The establishment of the joint accelerator project was made possible through initial funding provided by the Hawai‘i State Legislature and the U.S. Economic Development Administration. The Hawai‘i Department of Agriculture and the Hawai‘i Technology Development Corporation provided additional guidance.

“Many people have come together to make this initiative a reality,” said NELHA Executive Director Gregory Barbour. “We are thrilled by the positive feedback this initiative has generated and look forward to growing the aquaculture tech industry in Hawai‘i.”

Interested startups are encouraged to apply at:


KITV:  Aquaculture is a critical industry for Hawaii's food sustainability



TEXT "follow HawaiiFreePress" to 40404

Register to Vote


808 Silent Majority

Aloha Pregnancy Care Center


Antonio Gramsci Reading List

A Place for Women in Waipio

Back da Blue Hawaii

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii


Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together



Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport


OHA Lies

Opt Out Today

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii


Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

School Choice in Hawaii

Sink the Jones Act

Statehood for Guam

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii