{"id":1353,"date":"2024-09-02T22:48:00","date_gmt":"2024-09-02T22:48:00","guid":{"rendered":"https:\/\/hihotest2.co.nz\/sealord\/?p=1353"},"modified":"2025-04-22T02:02:46","modified_gmt":"2025-04-22T02:02:46","slug":"sealord-funding-boost","status":"publish","type":"post","link":"https:\/\/hihotest2.co.nz\/sealord\/2024\/09\/02\/sealord-funding-boost\/","title":{"rendered":"Sealord To Receive Multi-Million Dollar Funding Boost from Government"},"content":{"rendered":"

The Government has committed more than $2 million over four years to support Sealord\u2019s business development arm to assist in the development of new products from fish waste.<\/p>\n\n

GM Business Development & Sustainability Stu Yorston says the grant from the Ministry for Primary Industry\u2019s Sustainable Food and Fibre Futures fund (SFF Futures) is a huge boost to support work underway to develop and launch garden fertiliser and pet food products made from fish by-products. <\/p>\n\n

\u201cWe\u2019ve signed the four-year Fish Waste Optimisation agreement with MPI, and it\u2019s hugely exciting. It\u2019s been a year-long effort working alongside the team at MPI.\u201d<\/p>\n\n

Stu says it makes sense to develop new consumer goods from the by-products of Sealord\u2019s sustainably harvested fish species.<\/p>\n\n

\u201cWe utilise over 99% of the fish currently with the main by-product (after filleting) being fish meal, however we want to develop new products with better yields and higher prices.<\/p>\n\n

\u201cNew Zealand\u2019s deepwater fisheries are a clean, bountiful source of seafood rich in essential nutrients. Sustainability is at the heart of our business and this business opportunity is just one of the ways we are working smarter in this space.\u201d<\/p><\/div>\n\n

\"GM<\/figure><\/div><\/div>

CEO Doug Paulin says the seafood industry and the Government are keen to work together to grow seafood export revenue.<\/p>\n\n

\u201cWe have a shared goal to continue to grow the sector while caring for the marine environment and being focussed on innovative new ways of doing things.<\/p>\n\n

\u201cOur SFF Futures agreement is a significant step forward for Sealord in developing new revenue streams in a very challenging economic environment. The funding is additional to Sealord\u2019s own investment in people and marketing spend,\u201d he adds.<\/p>\n\n

With the funding confirmed, Sealord can accelerate the launch of Sealord Naked, an organic range of garden fertiliser that will be available in all good gardening retailers from mid- September. In addition, a fertiliser for commercial application is now being researched that could be used to replace synthetic fertilisers in viticulture, horticulture and even golf courses.<\/p>\n\n

The SFF Futures funding agreement will also enable Sealord to develop a range of pet food ingredients for pet food manufacturers to be launched in 2025, as well as produce Sealord branded pet food in 2026.<\/p><\/div>\n\n

\"Three<\/figure><\/div><\/div>

<\/p>","protected":false},"excerpt":{"rendered":"

The Government has committed more than $2 million over four years to support Sealord\u2019s business development arm to assist in the development of new products from fish waste. GM Business Development & Sustainability Stu Yorston says the grant from the Ministry for Primary Industry\u2019s Sustainable Food and Fibre Futures fund (SFF Futures) is a huge […]<\/p>\n","protected":false},"author":1,"featured_media":1332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1353","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/comments?post=1353"}],"version-history":[{"count":6,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1353\/revisions"}],"predecessor-version":[{"id":2817,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/posts\/1353\/revisions\/2817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/media\/1332"}],"wp:attachment":[{"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/media?parent=1353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/categories?post=1353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hihotest2.co.nz\/sealord\/wp-json\/wp\/v2\/tags?post=1353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}