This $26.28 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. The Cluster will partner with Sealaska, an Alaska Native regional corporation, to ensure the priorities of tribal, rural, and underserved communities are centered. Once implemented, this investment through the EDA's Economic Adjustment Assistance program aims to help develop and strengthen regional industry clusters in Alaska. The program provides assistance to regions experiencing adverse economic changes, such as those resulting from sudden or gradual economic impacts. This award on September 12, 2022 seeks to embrace economic equity, create good-paying jobs, and enhance U.S. competitiveness globally by catalyzing a sustainable mariculture industry in Alaska.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| Not listed | $15.9m | 9/12/22 |
Grant Number | Description | Subgrantee | Prime Award | Dollars Obligated (Click to sort descending) | Updated At (Click to sort ascending) |
|---|---|---|---|---|---|
AMC0501S | Chugach Regional Resources Commission | Project Grant 077907904 | $130.0k | 2/21/25 | |
AMC1030S | Starr Fisheries LLC | Project Grant 077907904 | $80.2k | 2/10/25 | |
EQUIP11S | Oceansalaska | Project Grant 077907904 | $159.0k | 12/18/24 | |
AMC018S | Prince William Sound Economic Development District, Inc. | Project Grant 077907904 | $510.0k | 10/16/24 | |
AMC04S | Chugach Regional Resources Commission | Project Grant 077907904 | $123.0k | 10/11/24 |