Seafood Acceleration Programme — Perennia ### 📋 Eligible Entities - Small to medium-sized seafood businesses operating in Canada - Seafood processors and producers - Seafood companies seeking to innovate or improve existing operations - Businesses with demonstrated involvement in seafood product development or processing ### 💰 Funding Details - Maximum Grant Amount: $15,000 CAD - Cost-Share Ratio: 50% grant funding (applicant must cover remaining 50%) - Repayability: Non-repayable grant - Total Project Cost: Minimum $30,000 (to leverage full $15,000 grant) ### 🛠️ Approved Expenses - Development of new value-added seafood products - Overcoming technical challenges in existing product lines - Food safety program updates and implementation - Equipment and technology to support product innovation - Testing, certification, and regulatory compliance activities - Training and consulting services related to product development ### ⚠️ Conditions & Milestones - Applicant must provide 50% cost-matching from own funds or other sources - Project must be completed within agreed timeline (typically 12 months) - Eligible expenses must align with seafood innovation, food safety, or market access objectives - Detailed project plan and budget required at application - Progress reporting and milestone verification required - Funds may be withheld pending proof of eligible expense expenditure - Priority given to projects with clear commercial viability and innovation outcomes