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Aquaculture Loan Program

Q: Who is eligible for the Aquaculture Loan Program program?

To be eligible for the Aquaculture Loan Program program, you must: Business must operate in the aquaculture sector Located in Nova Scotia

Q: Who can I contact for more information about the Aquaculture Loan Program?

You can contact Government of Nova Scotia.

Q: Where is the Aquaculture Loan Program available?

The Aquaculture Loan Program program is available the province of Nova Scotia.

Q: Is the Aquaculture Loan Program a grant, loan, or tax credit?

Aquaculture Loan Program is a Loans and Capital investments

Q: Who are the financial supporters of the Aquaculture Loan Program?

Aquaculture Loan Program is funded by Government of Nova Scotia, Department of Fisheries and Aquaculture (NS)

Last Update: March 4, 2026

Nova Scotia, Canada

Loan for aquaculture businesses in Nova Scotia

Loans and Capital investments

Department of Fisheries and Aquaculture (NS)

Government of Nova Scotia

Overview

Loans with varying interest rates and repayment terms to start, expand or purchase an aquaculture business.

At a glance

Funding available

Financing goals

Buying or selling a company

Renovate your business/factory

Eligible Funding

No Condition

Timeline

Closing date : May 21, 2024

Eligible candidates

Eligible Industries

Agriculture, forestry, fishing and hunting

Location

Nova Scotia

Legal structures

For-profit business
Sole proprietorship

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

Rural or Northern Residents
Startups

Activities funded

Starting a new aquaculture business.
Expanding an existing aquaculture operation.
Purchasing an existing aquaculture business.

Examples of admissible projects:

$ 60,000

Launching a new oyster farming business to meet regional demand

$ 95,000

Research and development of new aquaculture technology for improved yield

$ 150,000

Acquisition of an existing salmon aquaculture business to modernize facilities

$ 140,000

Purchase of an existing trout aquaculture facility to diversify production

$ 70,000

Expansion of a shellfish farming cooperative to include new species

$ 40,000

Expansion of a sustainable mussel farming operation to increase production capacity

Eligibility

The applicant must operate an aquaculture business in Nova Scotia.
The loan must be used to start, expand, or purchase an aquaculture business.

Who is eligible?

Aquaculture businesses in Nova Scotia

Eligible expenses

Costs to start an aquaculture business
Expenses related to expanding an existing aquaculture operation
Funds for purchasing an aquaculture business

Eligible geographic areas

Nova Scotia

How to apply

Research Loan Options

Identify the specific loan programs available for aquaculture businesses in Nova Scotia.
Review the terms and conditions of each loan option, including interest rates and repayment terms.

Gather Necessary Documentation

Prepare business plans detailing the aquaculture operations and financial forecasts.
Compile financial statements and tax returns for review.
Include any licenses or permits required for aquaculture activities.

Contact Program Provider

Reach out to the program provider to confirm application details and obtain any additional forms.
Request assistance if needed to clarify the application process.

Complete Application Form

Fill out the loan application form accurately based on gathered documentation.
Ensure all sections of the application are thoroughly completed.

Submit Application

Submit the completed application form and all supporting documents to the loan program provider.
Confirm submission method, whether online, by mail, or in person.

Follow Up

Receive confirmation from the program provider that your application has been received.
Monitor communications for any requests for additional information or interviews.

Additional information

Loan applications may require a detailed business plan outlining intended use and expected outcomes.
Interest rates and repayment schedules can vary depending on the size and nature of the loan.

Apply to this program

Frequently Asked Questions about the Aquaculture Loan Program Program

Here are answers to the most common questions about the Aquaculture Loan Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.