8th BioMarine International Business Convention
1-3 oct 2017, Rimouski Qc, Canada View Location

Sep 23

BioMarine International Clusters Association

New association aims to bridge gap between industry, investors in the marine bioresources sector.

BY REMO ZACCAGNA BUSINESS REPORTER – HERALD business – Halifax PE halifax

With the global population forecast to grow exponentially over the next several decades, finding new, sustainable sources of food will be paramount.

The oceans sector has been gaining greater prominence as a potential source of food, and a newly formed association will be instrumental in bridging the gap between companies and investors, according to the founder and chairman of the annual BioMarine Business Convention.

“If you look at the sector, the biomarine research area is very wide and spread and there’s no organization at this time. So we came to the conclusion a few years ago when we started BioMarine that we needed to get organized,” Pierre Erwes said Monday from the floor of the World Trade Center and Convention Center in Halifax, where the fourth annual edition of the four-day conference kicked off.

Rather than trying to interact with more than 20,000 organizations, the BioMarine International Clusters Association, which will be based in Monaco, will be comprised of 20 regional clusters, including those from Canada.

The intent of the association is to connect a small company from a place like Nova Scotia with global investors and opportunities. With the biomarine industry valued at $168 billion annually, that presents a unique opportunity for small and medium-sized companies, he said.

“What we want is to be able to connect those people to foster the development and to bring on board investors and, I would say also, support from the big industry companies and also from research,” Erwes said.

This collaboration between investors, industry, and research would “achieve a sustainable growth of the ocean.”

With its abundant source of raw materials like algae, fish and fish byproducts, Canada and Canadian companies will play an important role in the BioMarine International Clusters Association, he said.

“They’re looking to partner with different (countries) to get into the processing of these raw materials. So the association would be a direct entry to increase their export possibilities and to (turn) the raw material into a more sophisticated downstream process … so the connection is essential,” he said.

The association will also have a trans-sector approach, connecting players in different fields, like aquaculture, marine biotech, and aquafeed, with each other, a unique feature of the group.

“It doesn’t exist anywhere,” Erwes said.

if you represent a cluster, an university, a research entity, a governement agency and wish to join BioMarine International Clusters Association please PLEASE CONTACT US: contact@biomarine.org