Fisheries and Aquaculture Energy Efficiency Innovation Fund (FAEEIF)
- Open Date : October 1, 2025
- Closing date : December 11, 2025
Overview
The Fisheries and Aquaculture Energy Efficiency Innovation Fund offers non-repayable contributions up to $250,000 to support innovative, sustainable, and energy-efficient practices in Nova Scotia's commercial fisheries and aquaculture sectors. The program aims to reduce energy use and climate change impacts through activities like studies, electrification, renewable energy projects, and operational efficiency improvements.
At a glance
Funding available
- Increase performance through digital transformation
- Optimize production processes
- Obtain certifications or accreditations
- Maximum amount : 250,000 $
- Up to 80% of project cost
- Open Date : October 1, 2025
- Closing date : December 11, 2025
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Nova Scotia
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- All groups
Next steps
Activities funded
The Fisheries and Aquaculture Energy Efficiency Innovation Fund aims to incentivize energy-efficient and sustainable practices within the fisheries and aquaculture sectors. Eligible projects focus on various innovative pathways designed to reduce energy consumption and mitigate climate change impacts.
- Conducting studies to support future projects related to Operational Efficiency or Renewable energy paths.
- Implementing electrification projects to reduce reliance on traditional energy sources.
- Developing renewable energy initiatives to enhance sustainability.
- Enhancing operational efficiency within the sectors to lower energy usage.
Eligibility
Who is eligible?
The Fisheries and Aquaculture Energy Efficiency Innovation Fund is open to businesses within the commercial fisheries and aquaculture sectors located in Nova Scotia. Eligible applicants must be end users of the proposed project, have the legal capacity to operate in Nova Scotia, and be in good standing with the Fisheries and Aquaculture Loan Board. The program aims to encourage investments in innovative and efficient new practices tailored to reduce the impact of climate change. Applicants must comply with general eligibility requirements outlined in the FAEEIF Program Terms and Conditions.
Eligible expenses
The Fisheries and Aquaculture Energy Efficiency Innovation Fund covers expenses that fall within specific project paths to enhance energy efficiency and sustainability.
- Costs associated with the development and execution of a business plan exceeding $100,000 for the Study Path.
- Expenses related to electrification initiatives, supported up to $250,000 with necessary business plans for requests over $100,000.
- Investments in renewable energy projects, with funding available up to $100,000.
- Operational efficiency improvements, with projects eligible for funding up to $100,000.
Eligible geographic areas
This grant is available exclusively to companies operating within a specified region in order to meet the outlined energy efficiency objectives. As indicated, only businesses legally situated in Nova Scotia are eligible for this funding opportunity.
- Businesses located in Nova Scotia, Canada.
Additional information
Here are additional relevant details for this grant:
- Total funding stacking from all third-party sources cannot exceed 80% of the total project cost.
- The applicant is expected to contribute a minimum of 20% to the project costs.
- In-kind contributions are not considered with respect to stacking limits and applicant contributions.
- Applications will be competitively reviewed per path by funding dollars requested versus impact as evaluated by the scoring criteria.
- If a study is conducted to support future work related to the Operational Efficiency or Renewable Path, the maximum limit for funding is $100,000.
Contacts
Frequently Asked Questions about the Fisheries and Aquaculture Energy Efficiency Innovation Fund (FAEEIF) Program
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How much funding can be received?
What is the deadline to apply?
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What expenses are eligible under Fisheries and Aquaculture Energy Efficiency Innovation Fund (FAEEIF)?
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