Money to Buy Seafood Processing Technology
Holy Mackerel Only 10 Days to Apply
The Fisheries and Aquaculture Clean Technology Adoption Program (FACTAP) is offering funding of up to 75% to a maximum of $1 million towards adopting or adapting market-ready clean processes, technologies and/or sustainable practices which will improve the environmental performance of ongoing operations. Eligible applicants are Canadian businesses, indigenous organizations, or industry/professional groups involved in fish/seafood harvesting, aquaculture, or processing.
Project expenditures include consulting, engineering, equipment and other project-related costs incurred after receiving funding approval. Along with FACTAP project support, a minimum 10% contribution (either in cash or in-kind) must come from provincial/territorial governments. Applicants are required and must be able to support any project costs not covered by FACTAP and/or other government contributions. Funding from all government sources cannot exceed 90% of project costs. For the FYE March 31, 2018 applicants can receive a maximum of $750,000. Beginning April 1, 2018, maximum program funding will be $1 million. Deadline for applications is February 28, 2022.
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