The Canadian Government has announced a CA$400 million (US$320 million) fisheries fund to promote innovation in its seafood sector.
The Atlantic Fisheries Fund (AFF) will focus on growing opportunities and increasing market value for sustainably sourced, high quality fish and seafood products from Atlantic Canada.
The AFF is now accepting applications from proponents in Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador.
The commercial fisheries and aquaculture industry, indigenous groups, universities, academia and industry associations and organisations, including research institutions, may apply.
To be eligible, projects must support research and development of new innovations that contribute to sustainability of the fish and seafood sector; adapt new technologies, processes, or equipment to improve the effectiveness and sustainability of the fish and seafood sector; or enhance knowledge and understanding of the impacts of changing oceanographic conditions and sustainable harvesting technology.