Multi-Species Research and Development Fund

📋 Eligible Entities - Aquaculture farms and operators - Agricultural enterprises engaged in aquaculture activities - Research institutions partnered with aquaculture operations - Sole proprietors operating aquaculture businesses - Incorporated aquaculture companies - Cooperative aquaculture ventures - Indigenous-led aquaculture enterprises ### 💰 Funding Details - Maximum Grant Amount: $50,000 per project - Cost-Share Ratio: Up to 90% of eligible expenses covered (applicant responsible for minimum 10%) - Repayability: Non-repayable grant (contribution, not loan) - Funding Type: Direct financial assistance - Budget Allocation: Funds distributed based on project scope and eligible expense categories ### 🛠️ Approved Expenses - Research and development salaries and consultant fees - Laboratory testing and analysis costs - Equipment purchase and installation for R&D purposes - Seed stock, fingerlings, or breeding materials for new species - Feed formulation and nutritional research - Water quality testing and monitoring systems - Documentation, reporting, and data collection - Project management and administration costs - Technology adoption for aquaculture operations - Facility modifications supporting new species or cultivation methods ### ⚠️ Conditions & Milestones - Projects must focus on new species or innovative aquaculture methods - Minimum 10% applicant co-funding required (cannot be from other government sources) - Detailed project proposal with clear research objectives mandatory - Progress reporting required at scheduled intervals - Final project report and results documentation upon completion - Funds must be used within approved project timeline - Eligible expenses incurred only after formal approval - Compliance with environmental and regulatory standards required - Intellectual property and research results may be subject to disclosure requirements