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Funding Agencies Supporting Research and Development in the PEI Aquaculture Industry
  • National Research Council (NRC) – Industrial Research Assistance Program (IRAP)
  • Atlantic Canada Opportunities Agency (ACOA)
  • Aquaculture and Fisheries Research Initiative (AFRI) – PEI Department of Agriculture, Fisheries, Aquaculture and Forestry (PEIDAFAF)
  • Aquaculture Collaborative Research and Developmnet Program (ACRDP) – Fisheries and Oceans Canada
  • Canadian Centre for Fisheries Innovation (CCFI)
  • AquaNet
  • Natural Sciences and Engineering Research Council of Canada (NSERC)
  • PEI Atlantic Shrimp Corporation

National Research Council’s Industrial Research Assistance Program (NRC-IRAP)
The National Research Council's Industrial Research Assistance Program (NRC-IRAP) is Canada's premier innovation assistance program for small and medium-sized Canadian enterprises (SMEs). It is a vital component of the NRC, a cornerstone in Canada's innovation system, regarded world-wide as one of the best programs of its kind.

As a key enabler within Canada's innovation system, NRC-IRAP provides Canadian SMEs with value-added technological and business advice, financial assistance and a range of other innovation assistance. NRC-IRAP helps SMEs realize their full potential, turning knowledge and innovation into strategic opportunities, jobs and prosperity for all Canadians.

Atlantic Canada Opportunities Agency (ACOA)
Atlantic Canada Opportunities Agency (ACOA) is a federal government agency. Headquartered in the Atlantic Region, ACOA's goal is to improve the economy of Atlantic Canadian communities through the successful development of business and job opportunities.

Within the ACOA framework is a separate program called the Atlantic Innovation Fund (AIF). This is a $300-million, 5-year program designed to strengthen the economy of Atlantic Canada by accelerating the development of knowledge-based industry. The AIF will help increase the region's capacity to carry out leading-edge research and development that directly contributes to the development of new technology-based economic activity in Atlantic Canada.

AFRI (Aquaculture & Fisheries Research Initiative)
The Aquaculture and Fisheries Research Initiative was established by the Government of Prince Edward Island to provide industry associations, private businesses, public institutions and/or individual fishers and aquaculturists with increased access to applied and developmental research to address priorities and opportunities in the industry. The Initiative is aimed at:
  • Stimulating the conduct of scientifically valid short-term (normally three years or less) applied and developmental research related to the aquaculture sector, to the commercial fishery and to fish processing in Prince Edward Island.
  • Enhancing the knowledge-based economy within the province by promoting the creation of expertise that will be available to the industry.
  • Building and strengthening partnerships among research agencies and the private sector.
  • Focusing resources on aquaculture and fisheries related research and development capabilities.
The Initiative is administered by a Board of Directors representing the Department of Agriculture, Fisheries, Aquaculture and Forestry, research agencies and the industry.

Aquaculture Collaborative Research and Developmnet Program (ACRDP) – Fisheries and Oceans Canada
The Aquaculture Collaborative Research and Development Program (ACRDP) is a Department of Fisheries and Oceans (DFO) initiative to increase the level of collaborative research and development activity between the aquaculture industry and the department, and in some instances with other funding partners. ACRDP is an industry-driven program that teams industry with DFO researchers. Projects will be conducted at DFO Research facilities or possibly industry partner facilities. The program will allocate ACRDP funds to collaborative research projects that are proposed and jointly funded by aquaculture producer partners. ACRDP funding is approximately $4.5 million per year and will be subdivided regionally.

Canadian Centre for Fisheries Innovation (CCFI)
The Canadian Centre for Fisheries Innovation (CCFI) is a non-profit organization owned by Memorial University of Newfoundland and funded by Atlantic Innovation Fund. The Centre provides the tools of scientific research and technology to the fishing industry. CCFI is in the business of solving technical and scientific challenges for the Atlantic fishery and the aquaculture industry. Over the years it has established a reputation for results-oriented, industrially relevant research and development. Its clientele has included major processing companies in Atlantic Canada and innovative harvesters and fish farmers throughout the region.

The organization was established in 1989 by Memorial University of Newfoundland and the Marine Institute in St. John's, Newfoundland. Its mission is to make available to the industry the largest and best equipped body of experts in fisheries-related science and technology in Canada. Through the Centre, the Atlantic Canadian industry can solve problems and act on opportunities with the help of hundreds of scientists, engineers and technologists working at the Centre's shareholder institutions, Memorial University and its Marine Institute, and at other universities and technical institutions throughout the Atlantic region.

AquaNet
AquaNet is Canada's research network in aquaculture. It was established in 1999 as a collaborative research network involving universities, industry, government and non-government organisations, with an annual budget of $3.6 million. The mission of AquaNet is to foster a sustainable aquaculture sector in Canada through high quality research and education.

AquaNet’s strategic priorities include:
  • Advancing Interdisciplinary high quality research that addresses sector needs and concerns.
  • Increasing the number of highly qualified personnel through education and training.
  • Establishing effective networking and partnerships among academic institutions, federal and provincial agencies, private sector and non-government sector participants.
  • Effectively translate findings to the research user community.
  • Help build an environment where Canadians are informed and supportive of aquaculture.
Natural Sciences and Engineering Research Council of Canada (NSERC)
NSERC’s role is to make investments in people, discovery and innovation for the benefit of all Canadians. They support more than 17,700 university students and postdoctoral fellows across Canada and fund more than 10,000 university professors every year. They also help encourage more than 500 Canadian companies invest in university research. In 2004-2005, NSERC will invest $850 million in university-based research and training in all the natural scinces and engineering including aquaculture R&D.

PEI Atlantic Shrimp Corporation
The PEI Atlantic Shrimp Corporation was established in August of 2000 with the mandate to manage the Northern Shrimp allocation in order to maximize the benefits for the Prince Edward Island fishery and for the Atlantic fishery as a whole. On the announcement of the PEI allocation in 2000, DFO stated that the benefits from this allocation would go to the PEI fishery as a whole and provided a set of principles for the management of the allocation.

The benefits from the allocation are to be directed at lobster research; product and market development and research; and the development and maintenance of the harvesting sector in PEI, with the priority given to professionalization of fish harvesters in PEI. Funds associated with this corporation have benefited the PEI Aquaculture Alliance Members, including harvesters and processors, in such areas as Marine Emergency Duties Training and oyster production and harvest monitoring.

Educational Institutions involved with R&D and the PEI Aquaculture Alliance

Atlantic Veterinary College – University of Prince Edward Island

Univerity of New Brunswick

University of New Brunswick Saint John

Université de Moncton

Memorial University of Newfoundland

Université du Québec à Rimouski