Hatch ramps up offer to start upsChristian Fernsby ▼ | February 17, 2020
Aquaculture investor Hatch is inviting applications for its fourth accelerator programme, which offers 10 companies mentorship, financing of up to $130,000 and industry access.
Food and business Fish farm
Having started in Norway 2018 with their first six investments, the accelerator programme now spans the globe. Offices and industry contacts in Hawaii, Bergen and Singapore offer first-class partnership building opportunities for programme participants and exposure to high profile players in the aquaculture industry.
After having made significant changes in 2019 by upgrading the programme to a larger cohort and increasing investment while adding two new locations to the schedule, the 2020 Global Cohort 4.0 will see another step up in investment for each successful applicant.
The 15 week programme, will take 10 emerging companies from Hawaii to Singapore, via Bergen and begin on 17 August. Each successful applicant will receive a $75,000 cash investment as well as $55,000 in kind value, through a worldwide on-site mentoring programme, in exchange for equity
Hatch’s investment philosophy assumes that the aquaculture industry needs to increase its efficiency and improve its sustainability through innovative technology. ■