Atlantic Fisheries Fund

By mmuise
Description:

The Atlantic Fisheries Fund is intended to help the fish and seafood sector in Newfoundland and Labrador, Nova Scotia, New Brunswick and Prince Edward Island to transition to meet the growing demand for seafood globally. Its aim is to bring high value, high quality and sustainable products to markets at home and around the world.
It supports: innovation to encourage new products and technologies, infrastructure to encourage capital investments in new products, processes or technologies, and science partnerships between industry, academia, and other research institutions to improve knowledge.


Comments on Funding:

No other details available.

Deadline: Continuous Intake
Eligibility:

Applicants must:

  • be indigenous groups,
  • be commercial enterprises, including fishers, aquaculturists and seafood processors,
  • be universities and academics,
  • be industry associations and other non-profits,
  • be other organizations, such as research institutions and provincial crown corporations,
  • reside in a participating province,
  • be active in or support activities related to the fish and seafood harvesting, processing or aquaculture sectors,
  • demonstrate maximum economic benefits accruing to the Atlantic Region.
Application Steps:

Applicants must:

1. complete the application form,

2. complete the appropriate proposal in both paper and electronic format (on a memory stick), depending on the area of interest (innovation, infrastructure or science partnerships),

3. prepare all suporting documents,

4. submit the above-mentioned documents by mail or courier.

Documentation Needed:

Commercial applicants must submit a completed application form and the following supporting documents:
1. one of the following plans/proposals: complete business plan, research and development (r&d) project plan, science partnership research proposal, 2. incorporation documents,
3. financial statements (current and last two years),
4. financial projections (three years; only required for projects over $100k),
5. supplier quotes,
6. copies of relevant permits and licences (e.g. fishing licences or aquaculture permits)
7. other relevant document (specify). Not-for-profit and other applicants must submit a completed application form and the following supporting documents: 1. one of the following plans/proposals: complete business plan, research and development (r&d) project plan, science partnership research proposal, 2. constituting / incorporating documents,
3. financial statements (current and last fiscal year),
4. hst rebate information (i.e. rebate rate),
5. supplier quotes,
6. copies of relevant permits and licences,
7. other relevant document (specify).

Other Things to Note:

1. The Atlantic Fisheries Fund is a contribution program funded jointly by the federal, provincial and territorial governments. It will invest over $400 million over 7 years to support Canada’s fish and seafood sector. The federal government will provide 70% of the funding, and 30% will come from participating provinces and territories. The national component of the fund is called the Canadian Fish and Seafood Opportunities Fund, and has a separate application process.
2. Applications will be accepted until all available funding for the fiscal year has been allocated to projects. Funding will become available again in the next fiscal year.
3. Date modified: 2022-10-12 – Source 1.

About the author
mmuise