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
This grant is designed to support licensed aquaculture bodies operating within the boundaries of Newfoundland and Labrador. The eligible areas are those within this provincial area, focusing on developing local aquaculture industries.
- Newfoundland
- Labrador
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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
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.
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: 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.
- Step 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.
- Step 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.
- Step 4: Access Application Materials
- Visit the provided links to download the application form for the Multi-Species Research and Development Fund.
- Step 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.
- Step 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.
- Step 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.
grant_single_labels|otherInfo
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.
Apply to this program
Unlocking Opportunities with the Multi-Species Research and Development Fund
The Multi-Species Research and Development Fund is a new initiative to diversify and expand aquaculture in Newfoundland and Labrador by supporting research into non-commercialized species. This grant offers non-repayable funding to promote innovative research and development in the aquaculture sector.
In-Depth Understanding of the Multi-Species Research and Development Fund
The Multi-Species Research and Development Fund is a pivotal component of Newfoundland and Labrador's strategic approach to strengthening and diversifying its aquaculture industry. Announced on September 6, 2023, this program is tailored to bolster the province's economic ecosystem by providing non-repayable funds aimed explicitly at fostering the research and development of aquaculture species not yet commercialized within the region. Through this fund, the Provincial Government seeks to plant seeds of innovation by attracting individuals, businesses, and organizations willing to engage in pioneering projects that push the boundaries of what is currently cultivated in the local aquaculture environment.
Addressing a critical gap in the market, the fund is primarily focused on species diversification. The grant is positioned as an incentive for industry players to explore the viability of culturing new plant species and other aquatic species, thereby expanding the range of farmed organisms within the province. This endeavor is not only about immediate financial gain but about ensuring long-term sustainability and competitiveness in a global market that is increasingly looking to varied aquaculture outputs.
Key to the fund's strategy is its emphasis on rigorous research and detailed environmental assessments. Applicants to the fund are encouraged to utilize the resources provided to conduct thorough site evaluations, ensuring that both general locations and specific sites are biologically and environmentally fit for the proposed aquaculture activities. The direct involvement in determining site suitability is a proactive measure to mitigate risks and ensure the successful establishment of diverse species cultivation in the region.
The program also champions the crucial facet of technology transfer and knowledge dissemination. By fostering an environment where knowledge and innovative technology flow freely, the fund aids in the swift integration of new aquaculture practices within the region's existing landscape. This process not only accelerates the diversification of the species being farmed but also ensures that local industry participants are equipped with the latest techniques and knowledge, thus maintaining a competitive edge.
On a practical level, this grant extends beyond mere financial assistance. It serves as a catalyst for innovation, urging recipients to explore new frontiers in aquaculture that align with the overarching economic and environmental goals of the region. By doing so, the fund is creating a fertile ground for pioneering aquaculture practices that not only aim to enrich the local economy but also contribute to biodiversity and environmental health.
Furthermore, the grant facilitates a collaborative culture among stakeholders, drawing on expertise from various sectors of the fisheries and aquaculture industry. It encourages a synergistic approach, where shared goals and collective resources can lead to breakthroughs that are beneficial on multiple levels—economically, socially, and environmentally. This communal strategy leverages the strengths of individual players to create a robust, inventive, and sustainable aquaculture framework.
Ultimately, the Multi-Species Research and Development Fund is much more than a financial program; it stands as a commitment by the Provincial Government to foster an innovative and resilient aquaculture industry. It sets the foundation for long-term ecological and economic advancement, ensuring that Newfoundland and Labrador remains at the forefront of aquaculture development in Canada and beyond. Through strategic investments and a focus on diversification, the grant is an essential tool for driving progress and ensuring the aquaculture sector's vitality well into the future.
