| Program Area Objective |
Eligible Projects |
Eligible Costs |
Funding Amounts* |
| Market Diversification |
Provides for the identification and development of new markets.
Projects could include: Market investigation, research,
analysis and planning; investigative travel; trade mission/show
participation; development of promotional materials
associated with new markets; promotional activities
- chef and buyer awareness events both incoming and
outgoing; co-operative activities that expand markets
and joint venture businesses opportunities -logistics
and distribution.
|
Program funding will contribute to research costs, travel costs,
event delivery, promotional material development trade show/mission costs,
in market promotions, sponsoring chef participation. |
Cost shared support ranging from 50-75% to a maximum of $35,000/per
year to a maximum of 3 years. |
| Product Development |
Three types of projects will be supported, transitioning existing
products to premium market categories, developing diversified bio-based products
such as nutriceuaticals, and value added products at the secondary and tertiary
levels of processing. |
Program funding will contribute toward costs related to product
research, lab testing, nutrient analysis, sample production and testing, packaging
and labeling. |
Cost shared support ranging from 50-75% to a maximum of $50,000
per product. In-kind expenses may be considered as a portion of the proponent
contribution.
|
| Productivity, Technology Enhancement |
Support for the demonstration of new or non-traditional equipment that support the strategic objectives of the program to enhance industry competitiveness and profitability. |
Design, purchase/lease and set-up costs of the equipment. Modifications to buildings or existing infrastructure are not eligible. |
Cost shared support up to 50% of eligible costs to a maximum
of $300,000.
A mandatory 10% hold back will be in effect pending the submission of a publicly accessible report detailing the outcome of the demonstration project |
| Quality Enhancement |
Projects that promote product quality at all levels of the value chain by improving processes, shipping and handling techniques, product testing, employee/manager training etc. |
Workshops/seminars, product testing and research, training, equipment development etc. |
Cost shared support up to 50% of eligible
costs to a maximum of $50,000. |
| Eco-Labeling, Carbon Footprint |
The costs of pre-assessment and certification of key fisheries by a recognized certification organization such as MSC.
Projects that reduce energy consumption and the carbon footprint of seafood production will also be supported |
Eco- labeling -Third party consulting fees and other costs associated with the pre-assessment and certification of key fisheries. Costs to deficiencies noted in the pre-assessment may also be considered.
Carbon footprint- Professional services, workshops, training, and seed funding for demonstration projects. |
Pre-assessment- Cost shared support up to 75% of eligible
costs to a maximum of $30,000 for industry led projects.
Certification - Cost shared support up to 75% of
eligible costs to a maximum of $80,000 for industry
led projects. This includes funds to address deficiencies
noted in the pre-assessment.
Carbon footprint - Cost shared support up to 50%
of eligible costs to a maximum of $50,000. |
* Funding is capped at $300,000 per project and at $300,000 for any single entity
over the course of the program
