The Provincial Government is investing in new technology, processes and innovation to support the growth and sustainability of the Newfoundland and Labrador lobster fishery.
The Department of Fisheries, Forestry and Agriculture is now requesting applications through a Newfoundland and Labrador Lobster Technology and Innovation Request for Proposals. Funding is available to both commercial and non-commercial applicants. The level of support will vary from project to project with non-repayable contributions available to a maximum of $100,000 and a rate of assistance of up to 80 per cent depending on level of technology and risk of project. Proposals must be submitted by May 16, 2025, to lynettepeddle@gov.nl.ca.
The Newfoundland and Labrador lobster fishery is in a period of immense growth and potential. From 2015 to 2024, lobster landings increased by 263 per cent from 5.7 million pounds to 20.7 million pounds. During that same period, the landed value increased by 345 per cent from $30.7 million to $136.6 million. To ensure that the industry can keep pace with this resource growth, investments in infrastructure and new technology are essential throughout the supply chain.
The Provincial Government will invest in industry-led projects that will advance the Newfoundland and Labrador lobster industry, particularly with respect to optimizing live handling and storage practices. Eligible activities may include, but are not limited to:
- Acquiring new technology, processes, or equipment to improve quality, efficiency, and sustainability in the growing lobster sector.
- Testing of new lobster harvesting and processing technology.
- Research and development of new innovations and processes to contribute to the sustainability of the lobster sector.
- Activities in support of traceability and eco-certification.
- Ensuring lobster quality handling and increasing training.
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“The lobster fishery is the backbone of many Newfoundland and Labrador communities and the growth, prosperity and sustainability of the fishery is paramount. Now more than ever, we must leverage opportunities to add value to our fishery resources, continue to grow this industry, and diversify our markets.”
Honourable Gerry Byrne
Minister of Fisheries, Forestry and Agriculture
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