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Atlantic Fisheries Fund — Innovation - NL - Canada

Atlantic Fisheries Fund — Innovation

Last Update: January 24, 2025
NL, Canada
Funding for new technologies in Atlantic fisheries

Atlantic Fisheries Fund — Innovation at a glance

Eligible Funding
  • No Condition
Timeline
  • Continuous Intakes
Financing Type
Grant and Funding
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Professional, scientific and technical services
Grant Providers
  • Government of Canada
  • Fisheries and Oceans Canada (DFO)
Status
Open

Overview of the Atlantic Fisheries Fund — Innovation program

Get financial assistance for projects involving the development, testing and marketing of sustainable technology for the Atlantic fish and seafood industry.

Eligible projects & activities

The Atlantic Fisheries Fund's Innovation component aids activities focused on advancing the fisheries sector through new developments and collaborations. These initiatives are centered around boosting innovation, improving infrastructure, and fostering science partnerships within the industry.
  • Encouragement and development of new products and technologies within the fish and seafood sectors.
  • Investment in new capital infrastructure for novel products, processes, or technology enhancements.
  • Creation and support of science partnerships engaging industry, academic institutions, and other research entities for improved sector knowledge.
Examples of admissible projects:

$ 52,500

Research on sustainable lobster processing methods

$ 75,000

Creating an automation system for oyster farming

$ 63,750

Enhancing scallop farming through advanced sonar technology

$ 37,500

Testing biodegradable packaging for crab products

$ 50,000

Upgrading refrigeration technology for seafood storage in St John's

$ 45,000

Developing a new eco-friendly fishing net for reduced bycatch

Eligibility criteria of the Atlantic Fisheries Fund — Innovation program

Eligibility for this grant is determined by specific regions and sectors involved in the fish and seafood industry.
  • The applicant must be based in Newfoundland and Labrador, Nova Scotia, New Brunswick, or Prince Edward Island.
  • The applicant must be part of Canada’s fish and seafood sector.
  • The applicant's proposed activities must focus on innovation, infrastructure, or scientific partnerships within the industry.

Who is eligible?

The grant is open to participants engaged in the fish and seafood sector within the Atlantic provinces of Canada, specifically Newfoundland and Labrador, Nova Scotia, New Brunswick, and Prince Edward Island, to support innovation, infrastructure, and science partnerships.
  • Commercial fisheries and aquaculture operators in the Atlantic provinces.
  • Fish and seafood processors looking to implement new technologies or processes.
  • Organizations conducting scientific research and partnership projects related to fisheries and aquaculture.
  • Community organizations and Indigenous groups involved in the fisheries sector.
  • Businesses and industry groups aiming to improve sustainability and market readiness of seafood products.

Who is not eligible

Some types of companies are not eligible for this grant. Eligibility criteria may vary, but generally, the following types of companies may not qualify:
  • Companies outside of Newfoundland and Labrador, Nova Scotia, New Brunswick, and Prince Edward Island
  • Companies that do not operate within the fish and seafood sector
  • Companies that do not meet the specific project criteria outlined in the fund guidelines

Eligible expenses

This grant supports initiatives that advance innovation, infrastructure, and scientific collaboration within the fish and seafood sector. The eligible activities are designed to enhance product value, optimize processes, and foster academic partnerships.
  • Innovation initiatives that develop new seafood products and technologies.
  • Infrastructure projects that involve capital investments in new products, processes, or technologies for the seafood industry.
  • Science partnerships between industry, academia, and research institutions to expand knowledge related to fisheries and seafood production.

Eligible geographic areas

This grant is available to companies located in certain provinces on the Atlantic coast of Canada. The eligible regions are outlined to support the local fish and seafood sector.
  • Newfoundland and Labrador
  • Nova Scotia
  • New Brunswick
  • Prince Edward Island

Eligibility criteria of the Atlantic Fisheries Fund — Innovation program

Applications for the Atlantic Fisheries Fund will be evaluated based on their alignment with the fund's objectives and their potential impact on the fish and seafood sector in Atlantic Canada.
  • Alignment with fund objectives
  • Potential impact on the fish and seafood sector in Atlantic Canada
  • Feasibility and clarity of the proposal
  • Evidence of partnerships and collaboration
  • Demonstrated need for funding

How to apply to the Atlantic Fisheries Fund — Innovation program

1
Review Eligibility
  • Ensure your organization and proposed activities align with the fund's objectives.
  • Verify you are operating within Newfoundland and Labrador, Nova Scotia, New Brunswick, or Prince Edward Island.
2
Develop Proposal
  • Work on an innovative project idea that fits the fund's criteria (innovation, infrastructure, or science partnerships).
  • Collaborate with partners such as academia or industries if applicable.
3
Prepare Application Documentation
  • Gather all necessary documents supporting your proposal, like business plans, budgets, and timelines.
  • Include evidence of potential market demands, project impacts, and sustainability strategies.
4
Complete Application Form
  • Fill out the required application forms provided by the Atlantic Fisheries Fund.
  • Ensure all information is detailed and accurate.
5
Submit Application
  • Send the completed application and all supporting documents to the appropriate regional office via the specified submission process.
  • Meet any stated deadlines for the current fiscal year's funding period.
6
Await Evaluation
  • Your application will be reviewed based on the set criteria and fund availability.
  • Be prepared to provide additional information if requested.

Additional information

Here are additional relevant details for this grant:
  • Applications are considered on a rolling basis and funding is allocated until depleted for the fiscal year, meaning early submission is advantageous.
  • Applicants are encouraged to demonstrate the sustainability of their projects and their contributions to environmentally responsible practices.
  • Collaboration with multiple partners, including industry and academic institutions, can strengthen the application's impact and viability.

Apply to this program

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