077907888
Project Grant
Overview
Grant Description
This EDA investment supports the Alaska Mariculture Cluster, led by the Southeast Conference, with boosting the mariculture industry in Alaska by catalyzing a sustainable mariculture industry, producing shellfish and seaweed for the long-term benefit of Alaska's economy, environment, and communities.
The projects funded as part of this award include the capitalization of a revolving loan fund to facilitate business expansion, the development of mariculture-focused workforce training programs, and the provision of research funding to grow innovative seaweed and shellfish products.
The coalition will operate in partnership with Sealaska, an Alaska Native Corporation owned by more than 23,000 Tlingit, Haida, and Tsimshian shareholders, ensuring the cluster's approach centers the priorities of tribal, rural, and underserved communities.
Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
The projects funded as part of this award include the capitalization of a revolving loan fund to facilitate business expansion, the development of mariculture-focused workforce training programs, and the provision of research funding to grow innovative seaweed and shellfish products.
The coalition will operate in partnership with Sealaska, an Alaska Native Corporation owned by more than 23,000 Tlingit, Haida, and Tsimshian shareholders, ensuring the cluster's approach centers the priorities of tribal, rural, and underserved communities.
Once implemented, the investment will help develop and strengthen regional industry clusters - all while embracing economic equity, creating good-paying jobs, and enhancing U.S. competitiveness globally.
Awardee
Grant Program (CFDA)
Awarding / Funding Agency
Place of Performance
Juneau,
Alaska
99802-0129
United States
Geographic Scope
Single Zip Code
Related Opportunity
None
Analysis Notes
COVID-19 $9,331,532 (100%) percent of this Project Grant was funded by COVID-19 emergency acts including the American Rescue Plan Act of 2021.
The Southeast Conference was awarded
Alaska Mariculture Cluster Boosting with EDA Investment
Project Grant 077907888
worth $9,331,532
from Economic Development Administration in September 2022 with work to be completed primarily in Juneau Alaska United States.
The grant
has a duration of 4 years and
was awarded through assistance program 11.307 Economic Adjustment Assistance.
$1,000,000 (10.0%) of this Project Grant was funded by non-federal sources.
Status
(Ongoing)
Last Modified 10/25/22
Period of Performance
9/2/22
Start Date
9/30/26
End Date
Funding Split
$9.3M
Federal Obligation
$1.0M
Non-Federal Obligation
$10.3M
Total Obligated
Activity Timeline
Additional Detail
Award ID FAIN
077907888
SAI Number
None
Award ID URI
SAI NOT AVAILABLE
Awardee Classifications
Special District Government
Awarding Office
1331K5 DEPT OF COMMERCE EDA
Funding Office
1331K5 DEPT OF COMMERCE EDA
Awardee UEI
JSGCY87PA866
Awardee CAGE
495A7
Performance District
00
Senators
Lisa Murkowski
Dan Sullivan
Dan Sullivan
Representative
Mary Peltola
Budget Funding
| Federal Account | Budget Subfunction | Object Class | Total | Percentage |
|---|---|---|---|---|
| Economic Development Assistance Programs, Economic Development Administration, Commerce (013-2050) | Area and regional development | Grants, subsidies, and contributions (41.0) | $9,331,532 | 100% |
Modified: 10/25/22