Government of Canada and Prince Edward Island fund projects to boost innovation in the aquaculture, harvesting and seafood processing sector
Backgrounder
Fisheries and Oceans Canada and the Province of Prince Edward Island are pleased to announce funding of $ 3,112,920 for nine organizations through the Atlantic Fisheries Fund.
The funding will help innovate the aquaculture, harvesting and seafood processing sectors in the Province with the adoption of new technologies and equipment to improve productivity and sustainability.
| Recipient | Location | Project description | Total project cost | AFF funding |
|---|---|---|---|---|
| PEI Mussel King Inc. | Morell | To purchase new equipment for the creation of value-added products and productivity improvements. | $2,100,000 | $1,000,000 |
| Seafood 2000 Ltd. | Georgetown | The adoption of new equipment to automate lobster processing. | $1,806,541 | $926,400 |
| Bait Masters Inc. | Nine Mile Creek | To acquire the equipment required to set-up a processing facility for the commercial production of its new alternative bait product. | $752,154 | $556,595 |
| Sweet Oyster Company Inc. | O’Leary | To adopt new equipment to establish a new oyster processing facility. | $685,000 | $250,000 |
| Acadian Supreme Inc. | Wellington | Adoption of new equipment that will automate lobster processing. | $146,600 | $99,900 |
| Bill & Stanley Oyster Company Ltd. | Vernon Bridge | Trial of a new growing system through the partial conversion of an oyster seed farm. | $186,200 | $99,900 |
| Alberton Fisheries Ltd. | Alberton | To add chilling capacity to the lobster holding facility to improve the quality of lobster held during the warmer summer months. | $112,255 | $81,385 |
| Atlantic Shellfish Products Inc. | Morell | To purchase new equipment to automate Atlantic Shellfish Products (ASP) oyster packaging line. | $93,825 | $75,060 |
| Colville Bay Oyster Company Ltd. | Colville Bay | To acquire oyster processing equipment to gain efficiency in its processing operations. | $29,600 | $23,680 |
Page details
- Date modified: