Atlantic Fisheries Fund – Atlantic Innovation, Infrastructure or Science Partnerships Funding ### 📋 Eligible Entities - Commercial fishing enterprises and harvesters - Fish processing companies - Aquaculture operators - Post-secondary institutions and research organizations - Non-profit organizations in the fisheries sector - Industry associations and collaborative networks - Indigenous communities and organizations engaged in fisheries - Geographic requirement: Businesses and organizations based in Atlantic Canada (Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island) ### 💰 Funding Details - Grant size: Up to 50% of eligible project costs (cost-sharing requirement applies) - Matching contribution: Applicants must provide minimum 50% from non-federal sources (in-kind or cash) - Repayability: Non-repayable grant (contribution) - Project budget range: Varies by initiative stream; typically $50,000–$500,000+ depending on project scope - Funding type: Contribution agreement (non-repayable) ### 🛠️ Approved Expenses - Research and development (R&D) activities - Pilot projects and testing initiatives - Commercialization of new products or services - Technology and process adoption (modernization, automation, digital tools) - Infrastructure improvements supporting innovation - Partnership development and network creation - Scientific research on sustainable harvesting practices - Environmental and ecosystem studies - Training and capacity-building related to innovation - Professional fees (consulting, design, engineering) directly tied to eligible activities - Equipment and tools for innovation implementation ### ⚠️ Conditions & Milestones - Eligible projects must align with sustainable fisheries, innovation, or infrastructure goals - Cost-sharing mandatory: Minimum 50% of project costs from applicant or partner contributions - Partnership preference: Collaborative projects involving multiple stakeholders (industry, research, government) are prioritized - Reporting requirements: Recipients must submit progress reports and final outcomes documentation - Project timeline: Typically 1–3 years, depending on project scope - Eligibility verification: Applicants must demonstrate Atlantic Canada business registration and operational status - Environmental compliance: Projects