Aquaculture Accelerator and Investment Fund: Request for Interest

AAIF Group Partners (AGP), a strategic partnership between three State of Hawaii agencies, have issued an RFI for an award to an operating entity to establish and operate an aquaculture accelerator. The RFI is available on the State of Hawaii main procurement notices website at  https://hands.ehawaii.gov/hands/opportunities/opportunity-details/16183 .  The deadline for submissions is December 15, 2018.

The AGP partners  are the Hawaii Strategic Development Corporation (HSDC); the Natural Energy Laboratory of Hawaii Authority (NELHA) and UH Ventures LLC (UHV).

Through this initiative, AGP seeks to create a facility and program at NELHA, using NELHA’s world-class facilities, to attract entrepreneurs in startups and help them get into the market and find a commercial space for their project. The initiative will target companies that service global markets in the development of new cultured species, new feed sources and new technologies needed to support open ocean and land-based aquaculture.

The objective of this initiative is to provide proof-of-concept and commercialization services to start-ups in Hawaii’s aquaculture cluster. It will also be focused on attracting investor capital and a follow-on fund for aquaculture in Hawaii to develop technical and intellectual property that can benefit a global industry.

This initiative will be the first to provide “proof of concept” services to the aquaculture cluster and will work closely with Hawaii’s aquaculture ecosystem. The initiative will support and work with aquaculture ecosystem partners across the State of Hawaii.