Who is the entrant?

The lead entrant must be a company that sells a qualifying fish oil alternative formulation (“Qualified F3oil”) that it owns or licenses directly to End Customers or Distribution Channels, as defined in the Challenge Rules, for actual consumption in aquaculture operations during the Challenge Period.

The lead entrant can form partnerships with other companies to create an Entrant Team. For each partnering company, the lead entrant should send the following information to f3fishfreefeed@gmail.com:
(1) the name of company and website
(2) the name, title, address, work phone number, mobile
phone number, and email address of the contact person at the company, and include
(3) a brief description of the partnership, and

If the lead entrant is partnering with other companies for purposes of aggregating total sales of qualifying F3 Oil Types to End Customers, then for each such partner, in addition to (1)-(3) above, please also include:
(4) a description of the partner company’s sales territory.

Partnering companies can be added to Entrant Teams until November 30, 2018.

The lead entrant of the winning team will be awarded the prize (and be responsible for splitting the prize at its discretion among its Entrant Team partners) as described in the Challenge Rules.

Can feed companies participate?

Yes, feed companies can participate as long as the feed company is teamed up with a company that sells a Qualified F3oil. In this case, sales of Qualified F3oil from the oil company (lead entrant) to the partnering feed company should be reported during the sales periods of the Challenge.

The company that sells the Qualified F3oil should register for the Challenge (as the lead entrant) and will need to include the following information for the partnering feed company:
(1) the name of company and website
(2) the name, title, address, work phone number, mobile
phone number, and email address of the contact person at the company, and include
(3) a brief description of the partnership

Please send the aforementioned information (1)-(3) to f3fishfreefeed@gmail.com.

What if a feed company is blending ingredients from ingredient suppliers to create a Qualified F3oil for their products?

If the feed company has formulated a Qualified F3oil and it is selling it to another division of the company for feed production, then the feed company can be the lead entrant, as long as one or both of the following conditions are met:

a) The ingredient providers are included as partners of the feed company’s Entrant Team
b) The feed company makes the Qualified F3oil commercially available (at an equivalent cost)

There are obvious sources for EPA and DHA but I am having difficulty sourcing ARA. Do you have any recommendations?

Known sources of ARA include some fungi and whole egg powder made from inedible broken eggs, but other sources may be in development.

Is the Challenge open to non-U.S. companies?

Yes, the Challenge is open to companies worldwide. However, English is the official language for submissions and all other communications for the Challenge. International competitors need to translate any communications into English for their submissions to be considered.

Are you against using seafood in aquaculture feeds?

No. In fact, we are considering another prize targeted towards recycling farmed fish waste. However, for this prize we want to increase the options available for alternative oil sources for aquafeeds since the supply of wild caught fish and in particular forage fish, which are the most common source of oil used in aquafeeds, is at risk. More innovation is needed to find additional ingredients and cost effective formulations if the industry is to continue to grow.

Why are aquaculture by-products not allowed in the F3oils?

While we acknowledge that aquaculture by-products are a responsible source of fish oils, at this time, testing does not allow differentiation of aquaculture by-products from wild capture fishery products.

What are some of the concerns with using bycatch and seafood processing byproducts for fish meal and fish oils?

There is a lot of good information on fishing bycatch and the processed waste of seafood being used as ingredients back into aquaculture diets, normally for unrelated species. While we agree that these are efficient uses of these resources, there are also many problems. Bycatch and seafood processing byproducts are often and increasingly used for direct human consumption. In addition, removing forage fish and bycatch from the ocean impacts animals higher in the marine food chain, such as seabirds, marine mammals, and larger fish. Many studies have documented the decline in large predatory species. It is also important to point out that processing waste produces low-quality fish meal and fish oil, as high-quality protein and oils have been removed. The high bone and scale content meal that is left is an inferior ingredient, but nevertheless does contribute 10-15% of the global fish meal supply and extends the supply of fish meal as overfishing continues in some parts of the world.

We have an ingredient company with an ingredient that is promising for aquaculture. What do I need to do to determine the market potential, and break into the aquafeed industry?

Aquafeed companies are keenly interested in alternative ingredients to replace fishmeal and fish oil, because of their high cost. But, ingredient replacement is risky. To prove to aquafeed companies that your ingredient has promise, we recommend you follow the recommended Ingredient Evaluation Process outlined here.


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