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Seaweed Economy
A fictional example. The venture, people and figures are made up to show how the Workspace works. You cannot change it here. Open your own venture.

Halcyon Sea Farms

A two-hectare sugar kelp farm planning to sell dried kelp to food and ingredient makers in BC.

Immediate objective

Complete a 20-tonne wet harvest in spring 2027 and sign two buyers for dried kelp.

Stage

Prototype stage

Core pieces are in place. Confirm your regulatory pathway, test your numbers and get first buyer feedback.

Critical gates

These three areas can stop a sale or a funder on their own, however strong the rest looks.

Seaweed supply

Partly met

Rated 3 (Pilot-ready). This holds the venture at Pilot market stage at most until it reaches 4.

Regulation and safety

Partly met

Rated 2 (In progress). This holds the venture at Pilot market stage at most until it reaches 4.

Economics and finance

Partly met

Rated 2 (In progress). This holds the venture at Pilot market stage at most until it reaches 4.

Next three actions

  1. Operations and infrastructure, rated 1: Can you plant, harvest, handle and deliver at your planned scale?

    Farm Economics Calculator
  2. Regulation and safety (critical), rated 2: Do you know which licences, tenures and food safety rules apply, and are applications underway?

    Regulatory Pathway Navigator
  3. Economics and finance (critical), rated 2: Do you know your costs per kilogram, your price, and whether a season makes money?

    Farm Economics Calculator

Evidence, plan and capital

Progress by area

Readiness detail
  • Your venture3/5, Pilot-ready
  • Product and technical3/5, Pilot-ready
  • Seaweed supplycritical3/5, Pilot-ready
  • Regulation and safetycritical2/5, In progress
  • Economics and financecritical2/5, In progress
  • Customers and market2/5, In progress
  • Operations and infrastructure1/5, Early
  • Team and governance3/5, Pilot-ready
  • Progress and partnerships2/5, In progress
  • Impact and community3/5, Pilot-ready

Tools that have contributed