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Aquaculture Business Development Grants is sponsored by Maine Aquaculture Innovation Center (MAIC). These grants are intended to provide funding for businesses to explore market research, transfer and/or adopt new technologies or practices, or trial innovative gear types or emerging aquaculture species. They aim to fill gaps not covered by other Maine entrepreneurship and technology programs.
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MAIC Grants Program | Maine Aquaculture Since its founding in 1989, The Maine Aquaculture Innovation Center has encouraged industry development by promoting applied aquaculture research. Generally, each year, MAIC has invited companies and researchers to submit proposals for funding consideration.
MAIC’s grants for research have ranged from $5,000 to as much as $50,000, and have required that applicants match MAIC resources on, at least, a 1:1 basis. The state funds administered by MAIC frequently are matched with resources provided by the federal government, industry, and private foundations interested in community economic development. MAIC manages about 15-20 funded projects at any given time.
The most recent round of funded research can be found by clicking here. A summary of past funded research projects may be found here. In 2013 & 2014, MAIC in collaboration with the Maine Aquaculture Association and Maine Sea Grant conducted a survey of R&D needs to advance the Maine industry.
Click on one of the industry sectors ( finfish , shellfish & Algae Survey ) to view the results.
According to the current listing, eligibility includes: Aquaculture businesses registered in Maine; must match all requested funds (cash or in-kind). Confirm the full requirements in the official notice before applying.
The current listing shows up to $5,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Aquaculture Business Development Grants is funded by Maine Aquaculture Innovation Center (MAIC). Verify program details on the funder's official page before applying.
This opportunity targets applicants in Maine. If your organization operates elsewhere, check the official notice for location requirements.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
Past winners and funding trends for this program
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