🏠 | Nova Scotia | Nova Scotia Seafood Innovation and Technology Adoption Program (NS-ITAP)

Nova Scotia Seafood Innovation and Technology Adoption Program (NS-ITAP)

Amount:

$99,900

Type:

Grant

Description:

Perennia is providing non-repayable financial assistance to Nova Scotia commercial entities in the fishing, aquaculture, marine plant harvesting and seafood buying/ processing sector to increase productivity, competitiveness, quality and sustainability in the fish and seafood sector under NS-ITAP. Depending on the nature and scope of the project, funding may also be awarded to Nova Scotia-based industry groups or associations.

The NS-ITAP supports ‘innovation’ and ‘infrastructure’ related projects and aims to increase the value and volume of Nova Scotia fish and seafood products that are marketed as high quality, value-added and sustainably sourced.

Comments on Funding:

NS-ITAP is offering up to $99,900 in non-repayable assistance per project inclusive of all operations per fiscal year at a maximum assistance rate of 70 percent depending on the nature of the project.

Deadline:

March 31, 2025

Eligibility:

Applicants must be:

1. a commercial enterprise, including Indigenous, operating in the province of Nova Scotia and in compliance with all the necessary permits, leases, licenses, and regulations to operate.
2. The enterprise must have its primary commercial
activity in the Seafood Sector which include:
a. Primary and/or secondary processing of seafood products that have been sustainably harvested in Atlantic Canada,
b. Marine plant harvesting,
c. Aquaculture (land-based or marine),
d. Live lobster holding facility (land-based), and
e. Harvesting of fish or crustacean approved for commercial fishery licenced by DFO.
3. A commercial enterprise includes:
a. Incorporated entities,
b. Co-operatives,
c.Partnerships,
d. sole proprietorship, and
e. Indigenous organizations with a fish or seafood related commercial activity.
4.Depending on the nature and scope of the project, Nova Scotia-based industry groups or associations can be an eligible applicant
(non-commercial).
5 be in good standing with the Nova Scotia Department of Fisheries and Aquaculture (NSDFA), the Nova
Scotia Fisheries and Aquaculture Loan Board, the Nova Scotia Department of Natural Resources (NSDNR), and Fisheries and
Oceans Canada (DFO); be registered with the Nova Scotia or federal business registries where applicable; have the relevant
permits and licences in place; have the required authority to enter into an agreement with Perennia; and must not have any
overdue amounts due to the Crown.

Application Steps:

Applicants must complete and submit the application form found at www.perennia.ca/nsitap
If you require assistance or have questions, please contact Ashley Sprague at seafoodprograms@perennia.ca
The application will be reviewed and presented to the NS-ITAP Program Review Committee. The Committee will make a
recommendation to accept, deny or revise the application.
All recommendations for acceptance by the Committee under the Program will be subject to due diligence checks for good
standing with the federal and provincial government with the Committee including ex officio representation from Fisheries and
Oceans Canada and the Nova Scotia Department of Fisheries and Aquaculture

Documentation Needed:

No specific documentation has been identified.

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.