Aquaconnect, Chennai-based aquaculture technology platform, has signed a Memorandum of Understanding (MoU) with StartupTN to promote blue economy initiatives in the State. Through this, Aquaconnect aims to foster innovation and support the growth of new age start-ups in the aquaculture sector in the State.
In line with this, Aquaconnect in collaboration with StartupTN — backed by the Tamil Nadu government and Sathyabama University-Technology Business Incubator (Incubation Partner) — launched ‘The Fish Tank’-India’s Grand Aquaculture Innovation Challenge, at the Tamil Nadu Global Investors Meet.
The programme will cover broader aspects of the aquaculture value chain in both pre- & post-harvest value chain wherein applicants can propose ideas related to affordable IoT/Software-based solutions to monitor water quality, daily feeding, animal health, biotechnological advancements to improve production efficiency, seafood processing, preservation, and value addition amongst others, says a release.
Sivarajah Ramanathan, Mission Director & CEO of StartupTN, said this drive a transformative growth to make Tamil Nadu a hub for seafood-focused start-ups.
According to Rajamanohar Somasundaram, Founder & CEO, Aquaconnect, two winners will be selected and will get ₹1 lakh each and an opportunity to work with Aquaconnect to launch and scale their solution in the market.
