Multi-Species Research and Development Fund
NL, Canada
Research and development of aquaculture species
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|openingDateSeptember 29, 2023
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Department of Fisheries, Forestry and Agriculture
grant_single|status
grant_card_status|open
grant_single_labels|preview
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.
grant_single_labels|projects
There are eligible projects and activities for the Aquaculture Support grant:
- Research and development of aquaculture species not currently commercialized in Newfoundland and Labrador
- Diversification and expansion of the aquaculture industry through non-repayable funding
grant_single|admissibleProjectsExample
$50,000
Regina
Developing methods for cultivating sea urchins
$49,500
Labrador City
Developing technology to cultivate Arctic char
$50,000
Toronto
Expanding aquaculture to include sea cucumber farming
$50,000
Halifax
Researching cultivation of kelp for biofuel production
$50,000
Nassagaweya
Introducing mussel cultivation to expand aquaculture
$36,000
Red Deer
Knowledge transfer initiative for shrimp farming
grant_single_labels|admissibility
Based on the provided information, the eligibility criteria for the Multi-Species Research and Development Fund grant are:
- Applicants must be involved in aquaculture projects focusing on the research and development of non-commercialized aquaculture species in Newfoundland and Labrador.
- Applicants must demonstrate the potential for diversification and expansion of the aquaculture industry in the province.
- Successful applicants will receive non-repayable funding for specific aquaculture projects and species cultivation.
grant_eligibility_criteria|who_can_apply
Eligible types of companies for this grant program include businesses, organizations, and individuals involved in aquaculture in Newfoundland and Labrador. They can apply for funding to support research and development of new aquaculture species.
- Aquaculture businesses
- Aquaculture organizations
- Individuals engaged in aquaculture
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant may include research and development activities for aquaculture species not currently commercialized in Newfoundland and Labrador. Applicants could receive non-repayable funding for specific projects, cultivation of new species, and knowledge transfer initiatives.
- Research and development for aquaculture species
- Cultivation of new species
- Knowledge transfer initiatives
grant_eligibility_criteria|zone
There are specific geographic areas eligible for this grant. Newfoundland and Labrador aquaculture industry, South Region, and Western/Labrador Region are the eligible areas.
- Newfoundland and Labrador aquaculture industry
- South Region
- Western/Labrador Region
grant_single_labels|criteria
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
grant_single_labels|register
- Step 1: Visit the provided links for more information on the Multi-Species Research and Development Fund program:
- News Release
- Factsheet about the Fund
- Application to the Fund
- Step 2: Review the eligibility criteria and application requirements outlined in the Fund details.
- Step 3: Prepare a detailed research and development proposal for the specific aquaculture project or new species cultivation.
- Step 4: Submit the completed application along with the necessary supporting documents within the specified deadline.
Apply to this program
Grant Summary
The Multi-Species Research and Development Fund, launched by the Provincial Government of Newfoundland and Labrador, aims to diversify and expand the aquaculture industry by supporting research and development of new aquaculture species through non-repayable funding.
Explaining the Multi-Species Research and Development Fund
The Multi-Species Research and Development Fund, introduced on September 6, 2023, by the Department of Fisheries, Forestry and Agriculture, is a strategic initiative to enhance the Newfoundland and Labrador aquaculture sector. This program offers financial support to encourage investment in the exploration of aquaculture species that are currently underutilized in the province, promoting innovation and sustainability in the industry.
One of the primary objectives of the fund is to facilitate research and development activities focused on cultivating new aquaculture species that have not been commercialized locally. By providing non-repayable funding to successful applicants, the program incentivizes the investigation and farming of cultured plants and novel species, thereby fostering diversity and growth within the aquaculture sector.
Furthermore, the Multi-Species Research and Development Fund emphasizes the importance of environmental and biological considerations in the selection and cultivation of new species. Applicants are encouraged to assess the suitability of potential cultivation sites based on ecological factors to ensure sustainable practices and minimize environmental impact.
Through a knowledge and technology transfer approach, the program seeks to facilitate the introduction and establishment of diverse aquaculture species in Newfoundland and Labrador. By leveraging expertise and resources, the fund aims to support the adoption of innovative farming practices and promote the economic and environmental sustainability of the aquaculture industry in the province.
In addition to financial assistance, the program offers technical guidance and expertise to participants, helping them navigate the research and development process effectively. By providing a platform for collaboration and innovation, the Multi-Species Research and Development Fund plays a crucial role in expanding the scope and potential of aquaculture activities in Newfoundland and Labrador.
Overall, this initiative marks a significant step towards enhancing the resilience and competitiveness of the aquaculture sector in Newfoundland and Labrador, fostering a culture of innovation, sustainability, and exploration of new opportunities in aquaculture production.