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October 17, 2015

United States

New Mexico—New Mexico Shrimp Company’s Pitch at Fish 2.0

 

Tracey Carrillo, assistant director of New Mexico State University campus farm operations and co-owner of the New Mexico Shrimp Co., a 12,000-square-foot indoor shrimp farm, is hoping a prestigious investment competition will help make fresh, locally raised shrimp readily available in areas miles away from the ocean.

 

Carrillo will pitch the company’s business model at the final event of Fish 2.0, a competition that aims at creating investments for sustainable seafood businesses on November 10-11, 2015, at the Sustainable Seafood Innovation Forum at Stanford University.  Carrillo and his competitors will have just 90 seconds to pitch a panel of investors for a chance to win a $5,000 prize.

 

 “We are excited to be one of the finalists,” said Carrillo, who began participating in Fish 2.0 in January 2015.

 

Participating businesses will also have opportunities to continue conversations with investors privately, and be the focus of ongoing media and promotion by the contest.

 

Any money Carrillo wins will be used to create a franchise model to support the development of shrimp farms throughout the United States.

 

Carrillo said he hopes to start a crowdfunding campaign early next year to help expand the company, which began in 2011 as a research project comparing shrimp raised on a feed incorporating glandless cottonseed meal with shrimp raised on a commercial feed.  The company has bloomed as an alternative to imported seafood that is sometimes treated with preservatives and antibiotics.

 

Information: Tracey Carillo, New Mexico Shrimp Company, 705 Sequoia Road, Mesquite, New Mexico 88048, United States (email tcarrill@nmsu.edu, webpage http://www.nmshrimpco.com).

 

Source: El Paso Herald-Post.  NM-Based Shrimp Company to Earn National Exposure During Fish 2.0 Competition.  Adriana M. Chavez.  October 17, 2015.

 

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