Florida should be the land of plenty for aquaculture businesses. Entrepreneur Joe Cardenas hopes it will pay off for him.
Cardenas, a former banker, started a company a year ago at the FAU Tech Runway, a public-private partnership housed at Florida Atlantic University to help incubate start-ups. Aquaco’s goal is, by this time next year, to be producing 10,000 pounds of farm-raised pompano per month.
“We really looked at it up and down and asked, ‘Where is the opportunity in Florida?’” he said. “Aquaculture just kept coming up.”
But it’s proven to be an elusive opportunity in the Sunshine State.
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