Financial Support for the Development of the Commercial Fisheries and Aquaculture Sector: Development Support
$500,000
Grant
Description:
This program provides funding to increase production, profitability, and biosecurity of commercial fisheries and aquaculture enterprises through the development of new products or the implementation of new proprietary processes within the company.
Comments on Funding:
A grant of up to $500,000 per applicant and per project during the program duration.
Continuous Intake
Eligibility:
Applicants must:
1. be businesses that have an establishment located in the maritime regions of Quebec;
2. possess the required authorizations or permits for carrying out activities that lead to the implementation of an eligible project:
a) Fishing companies; b) Seafood processing companies located in maritime regions whose primary activity is the preparation and canning of aquatic products;
c) Aquaculture companies from all regions;
d) Aquaculture companies located in maritime regions when the project involves processing activities;
e) Companies engaged in the valorization of co-products and marine biotechnologies for commercial purposes with operations situated in maritime regions;
f) Band councils;
g) Associations of the aforementioned enterprises.
3. Aquaculture companies that are not located within the state’s water domain and are in the process of obtaining their permits for a hydrogeological study project are also eligible. They must demonstrate to the Ministry the receipt of a preliminary notice from a hydrogeologist regarding the water potential of the chosen site.
Application Steps:
Applicants must:
1. read the full text of the guide for all the details;
2. complete the financial request form and send it to the
office in their region.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
The program comes into effect on April 18, 2023, and ends on March 31, 2026, or upon the depletion of funds, whichever occurs first.
About the author
Maurice
