KENAI, Alaska (AP) — Ocean farming and aquaculture in Alaska’s coastal regions could get a boost from a federal grant program.
The U.S. Economic Development Administration is taking grant applications as part of the American Rescue Plan that provides pandemic relief funding.
A proposal from Alaska envisions the creation of a shellfish and aquatic plants industry, the Peninsula Clarion reported.
The application is among 60 finalists from a nationwide pool of more than 500. Up to 30 proposals will get funding of between $25 and $100 million.
Tim Dillon, executive director of the Kenai Peninsula Economic Development District, said the proposal has regional support and could increase jobs.
The proposal aims to turn Alaska’s marine farming and aquaculture into a $100 million per year industry.
“I honestly believe that is possible, especially if we’re able to land this other $50 million to be able to do the different things that we need to do to help and support the industry,” Dillon said.
Interest in mariculture, the cultivation of marine organisms in their natural environments, in Alaska has historically been contingent on funding.
“For years, people have talked about mariculture and there’s been different kinds of task forces and things, and everything has come back to ‘Well, we need money to do things,’” Dillon said.
He added: “No matter what, we’re going to wind up with information that’s going to help us.”