Natural binding technology
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Upcycling fish waste into sustainable bait.
An advanced binding technology converts fish waste into high-value, ocean-friendly lobster bait
The Opportunity
The lobster bait industry is facing several challenges. Wild caught herring that has traditionally been used as bait is not sustainable, is increasingly regulated and has become a costly and unstable source. The industry is seeking a solution that is cost-effective and ocean-friendly to address increasing governmental regulations.
The Challenge
BioPolyNet’s unique BioNanoCoil technology provides a potential binding solution for a range of industries. They realized that it could be used to bind lower value fish waste in ocean-safe bait pucks to attract lobsters. The lobster industry can be reluctant to adopt new technology so it was crucial that the sustainable bait pucks be proven effective in their real-ocean environment.
Taking a high-tech concept like our BioNanoCoil technology into the very traditional and eco-sensitive fishing industry required careful and patient planning. Working with NPC and the industry partners to design the most effective field trials was critical to our success.
NPC’s Solution
NPC and BioPolyNet worked with fishing industry partners to design a thorough field trial during active lobster season. NPC provided $114,080 to validate the right formulation of bait, and its durability in the on-boat and in-trap lobster fishing process. The results were impressive. The bait held up during the process and attracted the lobsters as effectively as traditional baits. The field trials led to BioPolyNet’s first commercial contracts with the fishing industry. As an added benefit, the trials proved that BioPolyNet’s platform binding technology has potential for many other industries such as agricultural inputs.
NPC is committed to the creation of natural products that are better for people, animals and the planet. We propel early-stage Canadian innovators with the advice, connections and capital they need to develop and de-risk their solutions quickly and efficiently.
BioPolyNet
Description:
Sector(s):
Bioequivalents, Cleantech, Greentech, Agriculture, Animal, AgtechFunding Type:
Proof of ConceptProvince:
New BrunswickFunding Amount:
$114,080
Year of Funding:
2022Name:
Arian Shahnazari