Aquaculture Financial Assistance Program

What is it?

The Aquaculture Financial Assistance Program is designed to assist aquaculture farmers in Nova Scotia in expanding their operations and improving efficiencies in the workplace.

The Program is open for applications and available for AANS farming members.

What types of funding are available?

The Aquaculture Financial Assistance Program can provide up to 70% funding for projects that meet the criteria designated below. This funding is non-repayable up to $99,900 across all categories. Sea Farmers are eligible to apply for the same category more than once, provided that they are able to justify the need and how it fits their business growth strategy and that the projects are distinct and not dependent on one another for success.

What projects are eligible for funding assistance?

There have been three categories defined based on pillars of quality and efficiency improvements that are central to the Aquaculture Financial Assistance Program:

  1. Infrastructure to improve work efficiency
    e.g. workstation platforms, floating nursery systems, solar technologies, processing equipment, etc.
  2. Technologies to improve quality
    e.g. inventory tracking systems, insulated packaging, farm management software, water quality sensors, graders, tumblers, etc.
  3. Infrastructure to improve capacity
    e.g. grow out gear, floating cages, ear-hanging scallop systems, mussel socks, etc.

A member can apply for funding for a new project during each of the three years, but the previous project must be completed in order for a new application to be considered.

Who can apply?

This program is open to all aquaculture farmers who meet the following qualifications:

  1. You have a shellfish or finfish lease within the province of Nova Scotia.
  2. You are a member of the Aquaculture Association of Nova Scotia and in good standing with both Fisheries and Oceans Canada and the Nova Scotia Department of Fisheries and Aquaculture.

How do I apply?

Applications are no longer being accepted for this program through the AANS, however, eligible aquaculture farmers may apply for projects through the Atlantic Fisheries Fund (AFF) Secretariat by contacting AFF for information and forms at 1-844-795-9718 (toll-free) or visiting the website of https://atlanticfisheriesfund.ca.

 

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