Community Business Development Corporation (CBDC) Restigouche Oyster Farm Development Program (OFDP)
$100,000.00
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.
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 Restigouche at ofdp-pdfh@cbdc.ca or call 1(888)-401-7717.
Documentation Needed:
For details about documentation requirements, applicants must reach out to CBDC Restigouche through:
Phone: (506) 753-3344
https://www.cbdc.ca/contact
Other Things to Note:
About the author
Maurice
