Funding is available to licensed Newfoundland and Labrador fish processors, aquaculture companies, seafood marketing firms, industry associations, research and development institutions, fisheries organizations, and development associations.
Fisheries Minister Gerry Byrne has launched the Seafood Marketing Support Program, to support global market diversification. It will help identify, assess, target and develop new market opportunities in response to tariff threats from the United States and recent tariffs from China. This will support diversification and reduce reliance on traditional markets while capitalizing on new opportunities in domestic and international markets.
Funding is available to licensed Newfoundland and Labrador fish processors, aquaculture companies, seafood marketing firms, industry associations, research and development institutions, fisheries organizations, and development associations. This through non-repayable contributions to a maximum of $100,000 and a rate of assistance of up to 90 per cent. More information can be found at gov.nl.ca.
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