How much funding can be received?

Funds up to 75% of admissible expenses, capped at $99900 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CBDC Seafood Technology Adoption Program (S-TAP)?

CBDC Seafood Technology Adoption Program (S-TAP) is funded by Community Business Development Corporations (CBDC)

What are CBDC Seafood Technology Adoption Program (S-TAP)'s eligibility criterias?

The applicant must be a commercial enterprise, including Indigenous Organizations, with primary commercial activity in the Seafood Sector in New Brunswick.

CBDC Seafood Technology Adoption Program (S-TAP)

Last Update: April 1, 2025

NS, Canada

Enhances seafood operations through technology and process adoption

CBDC Seafood Technology Adoption Program (S-TAP) at a glance

Eligible Funding

Max. $99,900
Up to 75% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Agriculture, forestry, fishing and hunting
Manufacturing
Professional, scientific and technical services

Grant Providers

Community Business Development Corporations (CBDC)

Status

Open

Overview of the CBDC Seafood Technology Adoption Program (S-TAP) program

The CBDC Seafood Technology Adoption Program (S-TAP) offers up to $99,900 to eligible seafood companies in New Brunswick to adopt new technologies, enhancing productivity, quality, and sustainability. Eligible activities include technology adoption, adaptation or piloting, and research and development projects in the seafood sector.

Financing terms and conditions

Reimbursement of up to 75% of eligible project costs upon completion.
Maximum funding available per project is $99,900.
Reimbursement rate is dependent on the size of the company.
Eligible costs vary based on project type but commonly include acquisition and installation costs, training from equipment suppliers, professional and technical services, and incremental research and development costs.
Projects must be completed by January 1st, 2026 for reimbursement eligibility.

Eligible projects & activities

Adoption of new technologies and/or equipment for use in existing facilities or operations.
Adaptation or piloting of new technologies or equipment new to the Seafood Sector in New Brunswick.
Research and Development of new technologies, processes, and/or equipment.

Eligibility criteria of the CBDC Seafood Technology Adoption Program (S-TAP) program

The applicant must be a commercial enterprise, including Indigenous Organizations, operating in the province of New Brunswick.
The applicant's primary commercial activity must be in the Seafood Sector.
The Seafood Sector activities can include primary and/or secondary processing of seafood products sustainably harvested in Atlantic Canada.
Aquaculture activities, whether land-based or marine, are considered eligible.
Harvesting activities must be approved for commercial fishery by the Department of Fisheries and Oceans (DFO).
Equipment manufacturers or service providers in New Brunswick may qualify for Research and Development projects.

Who is eligible?

Commercial enterprises with primary activities in the Seafood Sector based in New Brunswick
Indigenous Organizations engaged in the Seafood Sector in New Brunswick
Primary and/or secondary processors of seafood products sustainably harvested in Atlantic Canada
Aquaculture businesses, both land-based and marine, located in New Brunswick
Entities involved in the harvesting of fish or crustaceans approved for commercial fishery by the Department of Fisheries and Oceans (DFO) in New Brunswick
Equipment manufacturers or service providers situated in New Brunswick that qualify for Research and Development

Eligible expenses

Acquisition and installation related costs for new production technology.
Training provided by the equipment manufacturer or supplier.
Professional, technical, or other contracted services required to adapt technology to specific operational needs.
Incremental capital and operational costs related to the development of new equipment, processes, or technologies, including salaries and wages for prototypes.
Acquisition of innovative fishing gear.
Acquisition of fishing gear for new or emerging fisheries.
Acquisition and installation of innovative on-vessel catch holding or handling equipment.
Acquisition of innovative on-land catch holding and handling equipment.
Acquisition and installation of innovative on-vessel productivity-enhancing equipment or technology.
Acquisition and installation of on-vessel sustainability-enhancing equipment such as rope-safe stabilizers, rope-safe propulsion, or emission reduction systems.

Eligible geographic areas

Province of New Brunswick, Canada.

How to apply to the CBDC Seafood Technology Adoption Program (S-TAP) program

Find your local CBDC

Identify the local CBDC that corresponds to your location from the provided list.
Contact your local CBDC by phone or visit their website for more information.

Preparing the application

Ensure that your project meets the program criteria.
Compile the necessary information regarding your project, including costs, involved technologies, and expected outcomes.

Submitting the application

Get in touch with your CBDC representative to discuss the submission process.
Follow the specific instructions provided by your local CBDC to officially submit your application.

Additional information

Successful applicants must achieve project completion before January 1st, 2026, to be eligible for reimbursement.
The reimbursement rate is dependent on the company size.
The S-TAP program is funded by the Atlantic Fisheries Fund.