Government of Canada and Prince Edward Island fund projects to boost innovation and productivity in the seafood processing sector
Backgrounder
Fisheries and Oceans Canada and the Province of Prince Edward Island are pleased to announce funding of $365,553 for three organizations through the Atlantic Fisheries Fund.
The funding will help adopt new technologies and equipment to improve the productivity and sustainability of the seafood processing sector in the province.
| Recipient | Location | Project description | Total project cost | AFF funding |
|---|---|---|---|---|
| Acadian Supreme Inc. | Wellington | To adopt new equipment to help improve the effectiveness of the lobster processing operations. | $118,085 | $65,640 |
| Food Island Partnership Inc. | Charlottetown | To help develop and commercialize value added seafood products with PEI seafood companies seeking access to new markets and to enhance existing markets. | $750,000 | $200,000 |
| Royal Star Foods Ltd. | Tignish | To develop a new lobster product to satisfy market demand. | $201,383 | $99,913 |
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