This $10.5 million Project Grant from the Department of Commerce's Economic Development Administration supports the Alaska Mariculture Cluster's efforts to boost Alaska's mariculture industry. Led by the Southeast Conference, the Cluster will capitalize a revolving loan fund to facilitate business expansion in mariculture. It will also develop mariculture-focused workforce training programs and provide research funding to grow innovative seaweed and shellfish products. In partnership with Sealaska Corporation, an Alaska Native regional corporation, the Cluster aims to center the priorities of tribal, rural, and underserved Alaskan communities. Funded activities are intended to help develop and strengthen regional industry clusters while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally. The grant was awarded on September 8, 2022 under the Economic Development Administration's Economic Adjustment Assistance program.
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