Grimsby and Iceland seafood clusters team up to take on Brexit

The MoU will establish a dialogue around Brexit and trade relations between the two seafood hubs.

The Iceland Ocean Cluster (IOC) in Reykjavik and Seafood Grimsby & Humber (SGH) Cluster in the UK signed a memorandum of understanding (MoU) Thursday in a bid to increase collaboration.

The main focus will be to foster developments between the two clusters. Specifically, developing a cluster network between entrepreneurs using business know-how from fisheries in Iceland, to processing in Grimsby and the Humber.

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Additionally, both parties will explore and identify areas of mutual interest in the development of technology for further utilization of fish products.

The MoU will also establish a dialogue around Brexit and the future of longstanding Iceland-UK seafood trade relations.

The Iceland Ocean Cluster is a marine incubator located in Reykjavik that builds and supports a network of entrepreneurs and businesses in the marine science industries to facilitate the creation of new business, ideas, and research that will ultimately add value to the industry.

More than 10 start-ups have been created in the incubator in Reykjavik over the last five years. These start-ups are creating valuable products for the high value health care, skin care and nutraceutical markets.

Seafood Grimsby & Humber is a representative group established by Grimsby Fish Merchants Association to focus on the competitiveness of the cluster.

It represent more than 70 active processing facilities which employ around 5,000 people and a further 10,000 or more jobs in the supply chain.

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