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Innovation and entrepreneurship

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How to enter the oyster aquaculture business?

Think about which role you want to play in the oyster production line...

Do you want to be a oyster farmer? Distributor? Seller? Researcher?

What service could you provide?

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What is needed in the industry?

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Innovation is always key to success

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How to start a business after you have ideas?

1. Get funding from competitions, government funding schemes

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2. Understand your advantages, disadvantages, and resources available, such as research knowledge, laboratory and technology, marketing and business knowledge, available land and infrastructure, and human resources

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3. Open a company and start making your ideas come true!

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Innovations for small scale oyster industries

1. Depuration

- Cleans the oysters and increases meat quality, increase price of oysters sold

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2. Hatchery

- Provides oyster seeds free from pollution, fast growing, and resistant to winter mortality

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3. Harvesting and packaging industry

- Provides fresh oysters visually appealing ready to be sold to the market

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Innovations for marketing and business

1. Best management procedure protocol and ecolabelling

- Provides food safety and quality certificates for oysters, gain trust from consumers

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2. Inventing and promoting new methods for oyster eating

- Raises price of oysters or generates higher income

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Research based innovations

1. Selective breeding, incorporating machine learning and big data

- Provides oysters favoured by consumers at low cost and high price

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2. Triploid larvae industry

- Provides oyster seeds that invest more in growth rather than reproduction

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3. Sustainable aquaculture

- Incorporating ecological knowledge and technology, increasing cost-effectiveness

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