The Aquaculture Industry Development Program is a $20 million investment from the Regional Development Trust and aligns to the sustainable regional industries key focus area that aims to enable regional industries to grow and adapt with structural and environmental change. The Program aims to:
- support the NSW Aquaculture Vision Statement to increase farmgate production in the aquaculture sector by 2030 and drive productivity in commercial fishing
- support regional businesses to modernise to increase productivity, exports, resilience to climate change impacts, contribution to net zero and/or circular economy targets
- build regional capability in sustainable seafood and marine bioproducts.
Objectives
The objective of the Program is to:
- increase regional aquaculture and commercial fishing industries access to new and expanding markets
- leverage opportunities associated with environmental and market changes to position NSW as the market leader in sustainable seafood and marine bioproducts
Intended Recipients
The intended recipients of grants under the program are businesses in aquaculture (including hatcheries) and commercial fishing, relevant natural resource management organisations, key associations, industry peak bodies, post-harvest sector organisations and research organisations including Australian universities.
Intended recipients include Aboriginal businesses and organisations in either the aquaculture or commercial fishing industries.
Intended recipients are encouraged to work with businesses and community organisations to identify potential projects or partnerships.