How much funding can be received?

Funds up to 90% of admissible expenses, capped at $50000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Multi-Species Research and Development Fund?

Multi-Species Research and Development Fund is funded by Department of Fisheries, Forestry and Agriculture

What are Multi-Species Research and Development Fund's eligibility criterias?

The applicant must be involved in the research and development of uncommercialized aquaculture species in Newfoundland and Labrador. Projects must focus on the cultivation of cultured plants and new species. Applicants must contribute to the transfer of knowledge and technology in aquaculture diversification.

Multi-Species Research and Development Fund

NL, Canada

Research and development of aquaculture species

grant_single|update January 24, 2025

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grant_single|openingDateSeptember 29, 2023

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Grant and Funding

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Agriculture, forestry, fishing and hunting

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Department of Fisheries, Forestry and Agriculture

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Get up to $50,000 to cover up to 90% of eligible expenses to assist in the research and development of specific aquaculture projects and to incentivize farming of culture plants and new species.

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The Multi-Species Research and Development Fund supports investment in research and development for aquaculture species not currently commercialized in Newfoundland and Labrador. This includes non-repayable funding to incentivize new farming innovations.

Non-repayable funding for research and development projects focusing on non-commercialized aquaculture species.

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The Multi-Species Research and Development Fund promotes the diversification and expansion of the aquaculture industry in Newfoundland and Labrador. It supports projects involving research and development of non-commercialized aquaculture species and the transfer of knowledge and technology.

Research and development of aquaculture projects targeting non-commercialized species.
Incentivizing farming of cultured plants and new species.
Assessment of environmental and biological suitability for species cultivation.
Transfer and introduction of knowledge and technology for establishing diverse species in the provincial aquaculture sector.

grant_single|admissibleProjectsExample

$ 50,000

Developing methods for cultivating sea urchins

$ 49,500

Developing technology to cultivate Arctic char

$ 50,000

Expanding aquaculture to include sea cucumber farming

$ 50,000

Researching cultivation of kelp for biofuel production

$ 50,000

Introducing mussel cultivation to expand aquaculture

$ 36,000

Knowledge transfer initiative for shrimp farming

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Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.

The applicant must be a business, organization, or individual involved in the aquaculture industry of Newfoundland and Labrador.
The applicant must be interested in researching and developing aquaculture species that are not yet commercialized in the province.
The project must focus on environmental and biological suitability for species cultivation, as well as knowledge and technology transfer for the introduction of new species.

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The Multi-Species Research and Development Fund is open to businesses, organizations, or individuals interested in investing in the research and development of non-commercialized aquaculture species in Newfoundland and Labrador. The program aims to support diversification and expansion within the provincial aquaculture industry by incentivizing research projects and promoting the farming of cultured plants and new species.

grant_eligibility_criteria|eligible_expenses

The Multi-Species Research and Development Fund focuses on enhancing the aquaculture sector in Newfoundland and Labrador by supporting research and development of new species. This fund specifically targets projects that promote diversification and the cultivation of aquaculture species not yet commercialized in the province.

Research and development projects for aquaculture species not currently commercialized in Newfoundland and Labrador.
Projects incentivizing farming of cultured plants and new species.
Environmental and biological assessments of general areas or specific sites for species cultivation suitability.
Projects aimed at the transfer of knowledge and technology for the introduction and establishment of diverse species in the provincial aquaculture sector.

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This grant targets businesses, organizations, or individuals operating within Newfoundland and Labrador, as the program is designed to enhance the local aquaculture industry.

Newfoundland and Labrador

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There are evaluation and selection criteria for this grant. The evaluation and selection criteria include:

Applicant's ability to demonstrate a clear research and development plan for aquaculture species
Feasibility and potential impact of the proposed aquaculture project
Evidence of knowledge transfer and technology adoption in the aquaculture sector
Environmental and biological suitability of the proposed cultivation sites
Overall contribution to the diversification and expansion of the Newfoundland and Labrador aquaculture industry

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Here are additional relevant details for this grant:

The program emphasizes the transfer of knowledge and technology to facilitate the introduction and establishment of diverse aquaculture species in Newfoundland and Labrador.
The Fisheries and Aquaculture Branch provides extension services with dedicated aquaculturists for salmonid and shellfish species, enhancing the support framework for applicants.
Aquatic Animal Health Services, offered across multiple locations in Newfoundland and Labrador, encompass biosecurity audits, diagnostic sampling, and management planning crucial for project success.
The Department offers industry development support, including business planning and technological assistance, which could prove beneficial for applicants engaging in research and development.