Community Business Development Corporation (CBDC) Charlotte/Kings Oyster Farm Development Program (OFDP)

Amount:

$100,000.00

Type:

Grant

Description:

The Oyster Farm Development Program is designed to offer a non-repayable contribution to a commercial oyster producer, including First Nations, which hold and is in compliance with all the necessary permits, leases and licenses to operate suspended oyster aquaculture.

Comments on Funding:

Funding is a grant of up to $100,000 per eligible projects per year without exceeding $400,000 per eligible recipients for the life of the program, specifically it provides non-repayable contribution to the following:
– up to 25% of eligible expenditures for Operational Equipment;
– up to 75% of eligible expenditures for Adoption of New Technology;
– up to 50% up to a maximum of $10,000 of eligible expenditures for Sustainability Tools;
– up to 25% up to $6,500 per year per project accompanied receipts and proof of payment of eligible expenditures for Oyster Seeds and Spats.

Deadline:

Continuous Intake

Eligibility:

Applicants must:
1. be commercial oyster producers:
a) Incorporated entities;
b) co-operatives;
c) partnerships;
d) sole proprietorship; and
e) Indigenous organizations.
2. hold and are in compliance with all the necessary permits, leases and licenses to operate suspended oyster aquaculture;
3. be in good standing with the Province of New Brunswick; be registered with the Corporate Affairs Registry, where applicable.

Application Steps:

For more information or if applicants have any questions about the program, please contact CBDC Charlotte/Kings at ofdp-pdfh@cbdc.ca or call 1(888)-401-7717.

Documentation Needed:

For details about documentation requirements, applicants must reach out to CBDC Charlotte/Kings through:
Phone: (506) 466-5055
https://www.cbdc.ca/contact

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

Sweet Success: How to Start a Home Baking Business in Ontario

Tips on How To Start A Bed And Breakfast In Ontario

Why Start Business in Toronto: A Guide to Canada’s Economic Hub

How To Start Immigration Business In Canada: An Overview

How to Start a Lending Business in Canada: Your Roadmap to Success

How to Get Money to Start a Business in Canada: Proven Ways

Bridging Borders: How to Start a Money Transfer Business in Canada

How To Start A Business In Toronto With No Money

How to Start a Business in Ontario: Your Guide to Winning Big

Breaking Down the Cost of Starting a Business in Toronto