This project, using florida production as a case study, proposes to create enterprise budgets for four clam species, to describe and quantify the risks to operating a clam aquaculture business and…

This two-year, $600,000 project grant from the National Oceanic and Atmospheric Administration will create enterprise budgets for four clam species and analyze risks in operating a clam aquaculture business in Florida. Funded under NOAA's Fisheries Development and Utilization Research and Development Grants and Cooperative Agreements Program, the project aims to provide suggestions to support future industry investments and insurance practices. Live Advantage Bait, LLC (doing business as Totally Pelagic) will deliver the products and services from September 1, 2022 to August 31, 2024 in Jupiter, Florida. The NOAA grant program supports sustainable fisheries and seafood to increase economic opportunity and recreational activities, consistent with the goals of this project.

This project, using florida production as a case study, proposes to create enterprise budgets for four clam species, to describe and quantify the risks to operating a clam aquaculture business and to make suggestions regarding future industry investments and insurance practices.