Biofood Innovation Program Stream 3 – Innovation in commercial fisheries and aquaculture businesses
$210,000
Grant
Description:
Increase the development of new knowledge, new products or new processes and their adaptation to businesses in the commercial fisheries and aquaculture sector.
Comments on Funding:
Financial assistance can cover up to 80 % of eligible expenses, for a maximum of $210,000 per project. A 10 % increase in the financial assistance rate may be granted for projects located in the Magdalen Islands agglomeration.
Project submissions are ongoing. The deadline for submitting an application for financial assistance is March 1 , 2028 .
Eligibility:
Eligible Applicants
Eligible applicants include:
Commercial fishing and aquaculture and aquatic product processing enterprises;
Band tips.
Application Steps:
Make a request
Consult the applicant’s guide – Section 3 (PDF 173 KB) .
Send the following mandatory documents to the email address pib.depot@mapaq.gouv.qc.ca :
Documentation Needed:
the financial assistance application form – Component 3 (PDF 1.57 MB) duly completed and signed;
budget forecasts for the duration of the financial assistance using the Financing plans and implementation schedule form (XLSX 252 KB) (appendix 1);
the certificate of commitment of partners (PDF 1.00 MB) (annex 2), when required;
the resumes of the members of the project implementation team, including external experts or specialized resources, if applicable, validating the experience and expertise of this team.
Other Things to Note:
Eligible projects
To be eligible, projects must meet the following conditions:
Be made in Quebec;
Have a maximum duration of three years;
Consist of applied research and experimental development activities;
Have reached a technological maturity level of at least 2 before starting;
Achieve a maximum technological maturity level of 5 at the end of the project phase financed by this component;
Contain elements of scientific or technological uncertainty;
Lead to the creation of a significant new or significantly improved element;
Consider that the product or process, if intended for sale, may have commercial potential;
Use tests and analyses according to a scientific protocol;
Call on external experts who are competent or have the expertise necessary to carry out the project.
About the author
Maurice
