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Navigating New Waters: Supporting Fisheries and Aquaculture Businesses to Pursue Seafood Tourism as a Diversification Pathway

Project number: 2023-140
Project Status:
Current
Budget expenditure: $135,000.00
Principal Investigator: Robert A. Bell
Organisation: Blueshift Consulting
Project start/end date: 2 Nov 2024 - 29 May 2025
Contact:
FRDC

Need

This project is a strategic initiative to support seafood businesses in diversifying into new economic markets. Amidst evolving global challenges and the impact of Covid-19 on the seafood industry, the need for diversification is more pressing than ever. The proposed project addresses this need by providing seafood business with the necessary support and resources to diversify into a sector which boasts much potential: seafood tourism. Seafood tourism presents a practical and feasible approach to diversification, which leverages the intrigue of marine environments and the seafood production process. Whilst feasible, there are inherent challenges and risks involved in pursuing this diversification pathway. This project directly responds to the request of F&A for support in navigating the diversification process. Central to its approach, is the delivery of decision-support tools which can facilitate informed decision-making and mitigate potential risks involved in diversifying. These tools will be vital in ensuring F&A businesses make sound and strategic decisions regarding their suitability to different seafood tourism models.

Objectives

1. Identify the range of seafood tourism business models and determine success factors for different models.
2. Document and compare the operating environment and the regulations in each jurisdiction (across production, food safety, tourism) for establishing and maintaining seafood tourism enterprises.
3. Identify the business capacity and capability needed for successful seafood businesses, inclusive of skills, assets, and networks.
4. Develop decision support tools for seafood operators to undertake a first pass assessment of the potential suitability of different tourism models.
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Capability and Capacity: Innovation bursaries and conference sponsorship

Project number: 2023-106
Project Status:
Current
Budget expenditure: $184,730.10
Principal Investigator: Sally Roberts
Organisation: Fisheries Research and Development Corporation (FRDC)
Project start/end date: 11 Jan 2024 - 29 Apr 2026
Contact:
FRDC

Need

This project provides opportunities to be exposed to innovation, build and develop capability and capacity, connect with innovation networks and generate new contacts. These opportunities will demonstrate benefits of being in innovation space for new entrants from fishing and aquaculture through encourage and enabling participation. The project aims to stimulate collaboration and increase the visibility of "getting into innovation", potentially increasing ideas to feed into future investment lanes and possibly more adoption. This includes exposing fresh minds to spark novel ideas who are unaware of opportunities and/or may experience barriers to participate.

The skills and capabilities required to intervene in complex systems need to be developed to capitalise on new systems and processes. This includes mechanisms to engage stakeholders to focus, priorities and invest in capability and capacity development locally and nationally. EvokeAg is a flagship event, focused on showcasing and stimulating innovation through connecting people with each other and to knowledge, information and

$75,000 sponsorship (includes exhibition stand and furniture, printing and 5 x 2024 tickets (2025 & 2026 details tbc) over 3 years
$110,000 bursaries ($6k - conference and side event tickets, flights, accommodation, travel incidentals) - allows for 18 full bursaries over 3 years OR a mixed level of support (e.g. partial bursary, alternative innovation event)

Objectives

1. Support up to 16 people to attend EvokeAg (or similar) during the project
2. Enable global, local, connection and collaboration across innovation and emerging sectors
3. Increase FRDC's visibility of providing capability and capacity development enabling innovation
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