NOAA today announced $4.7 million in federal funding to support 12 research projects to further understanding of the economics of aquaculture and provide market information in support of domestic growth. Grantees are required to match 50% of their funding with non-federal dollars.
National Sea Grant Director Jonathan Pennock said that Sea Grant “is committed to understanding the science of sustainable aquaculture in the U.S. while also strengthening the economics and market possibilities for sustainable aquaculture,” adding that the projects “will provide valuable knowledge and new resources to help strengthen and expand the U.S. aquaculture industry.”
