Community Business Development Corporation (CBDC) Westmorland Albert Inc. Oyster Farm Development Program (OFDP)
$100,000.00
Grant
Description:
The Oyster Farm Development Program is crafted to provide a non-repayable contribution to commercial oyster producers, including First Nations, who possess and are in compliance with all required permits, leases, and licenses to engage in suspended oyster aquaculture operations.
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 Westmorland Albert Inc. at ofdp-pdfh@cbdc.ca or call 1(888)-401-7717.
Documentation Needed:
For details about the documentation requirements, contact CBDC Westmorland Albert Inc. through:
Phone: Tel: (902) 665-2635
https://www.cbdc.ca/contact.
Other Things to Note:
- Albert
- All
- Cap-Acadie
- Dieppe and Riverview
- Energy Efficiency
- Equipment or Property (lease or buy)
- Fisheries & Aquaculture
- Fundy Albert
- Indigenous Peoples
- Maple Hills and all unincorporated areas in Westmorland and Albert counties. We also deliver the Self Employment Benefit and Impact Loan programs to Moncton
- Memramcook
- New Brunswick
- Non-profit Organization
- Productivity Improvement
- Salisbury
- Shediac
- Straight Shores
- Tantramar
- Technology Adoption
- Three Rivers
- Westmorland
- Working Capital
About the author
Maurice
