Open
Multi-Species Research and Development Fund
Last Update: March 4, 2026
Newfoundland and Labrador, Canada
Research and development of aquaculture species
Grant and Funding
Overview
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.
At a glance
Funding available
Financing goals
- Integrate new technologies
- Develop a new product
- Research and experimental development
Eligible Funding
- Maximum amount : 50,000 $
- Up to 90% of project cost
Timeline
- Open Date : September 29, 2023
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
Location
- Newfoundland and Labrador
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Rural or Northern Residents
- Startups
Non-profit candidates
Sector of operation
- Research
- Environment
- Economic, Social and Community Development
Target groups
- Rural / Remote communities
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Provincial
Activities funded
- Research and development of new aquaculture species not currently commercialized in Newfoundland and Labrador.
- Initiatives encouraging the farming of cultured plants and diverse species in the provincial aquaculture sector.
- Assessment of environmental and biological suitability of sites for cultivating new aquaculture species.
- Knowledge and technology transfer projects to introduce and establish various species in aquaculture operations.
Examples of admissible projects:
$ 49,500
Developing technology to cultivate Arctic char
$ 50,000
Introducing mussel cultivation to expand aquaculture
$ 36,000
Knowledge transfer initiative for shrimp farming
$ 50,000
Developing methods for cultivating sea urchins
$ 50,000
Expanding aquaculture to include sea cucumber farming
$ 50,000
Researching cultivation of kelp for biofuel production
Eligibility
- The project must involve research and development of aquaculture species that are not currently commercialized in Newfoundland and Labrador.
- Applicants can be businesses, organizations, or individuals involved in aquaculture.
Who is eligible?
- Aquaculture businesses operating in Newfoundland and Labrador
- Organizations involved in research and development of aquaculture species not currently commercialized in the province
- Individuals undertaking aquaculture research and development projects in Newfoundland and Labrador
Eligible expenses
- Research and development costs related to non-commercialized aquaculture species.
- Expenses for environmental and biological site suitability assessments.
- Costs associated with knowledge and technology transfer to support the introduction of new aquaculture species.
Eligible geographic areas
- Newfoundland and Labrador
How to apply
1
Understand Eligibility Criteria
- Ensure that your business or project aligns with the objectives of the Multi-Species Research and Development Fund.
- Confirm your eligibility to apply as a business, organization, or individual involved in aquaculture.
2
Review Program Details
- Familiarize yourself with the objectives and structure of the Multi-Species Research and Development Fund.
- Read the program factsheet and news release for comprehensive understanding.
3
Prepare Your Application
- Develop a detailed research and development proposal focusing on non-commercialized aquaculture species.
- Highlight the anticipated outcomes, innovations, and environmental impacts of your project.
- Include necessary support documents, such as budgets, timelines, and research credentials.
4
Access Application Materials
Visit the provided links to download the application form for the Multi-Species Research and Development Fund.
5
Contact Program Officials
- Reach out to the Fisheries and Aquaculture Branch to clarify any queries related to the application process.
- Utilize the provided contact information for specific inquiries about different support services.
6
Submit Your Application
- Complete and compile your application form and all supporting documents.
- Submit the final application package to the fund provider using the instructions provided on their official website or application form.
7
Await Confirmation
- Wait for an official confirmation regarding the receipt of your application.
- Keep a record of your submission and any communications for future reference.
Additional information
- The program encourages the transfer of knowledge and technology related to aquaculture species diversification.
- Focus is also placed on the suitability assessment of specific sites or areas from both environmental and biological perspectives.
