Thursday, July 9, 2009

2008 Aquaculture Grant Update

The application for the 2008 North Carolina Aquaculture Grant program is now online at http://www.ncagr.gov/markets/aquacutlure/2008AGP.htm.

If you have a NC Aquaculture License, you should also receive a hard copy by US mail.

Detailed information on program requirements and restrictions is included with your application packet. Please note the eligibility requirements. Also please note the application deadline of July 29, 2009. NC will be issuing feed vouchers for this program. Vouchers can only be used for future feed purchases and not to settle current feed debts.

The purpose

On February 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 (Recovery Act). Section 102 (d) of the Recovery Act provides $50 million to administer a 2008 Aquaculture Grant Program (AGP) to assist aquaculture producers for losses associated with high feed input costs during 2008.

Who may apply?

Only persons currently farming aquaculture species in North Carolina with a North Carolina Department of Agriculture and Consumer Services (NCDA&CS) Aquaculture Production License or Division of Marine Fisheries Aquaculture Operations Permit qualify for this program.

What are the eligibility requirements?

During 2008, an aquaculture producer met the following criteria:
  • raised an aquaculture species in a controlled environment; maintained the aquaculture species as part of a farming operation and had a risk in the production of such species;
  • produced an aquaculture species for which 2008 feed costs represented at least 25% of the producer's total input costs for the aquaculture operation as certified by the producer;
  • experienced at least a 25% increase in 2008 feed costs above the previous 5-year average (2003-2007); and
  • is currently in operation (2009), as of the date of the AGP application with NCDA&CS.
Matt Parker 252-633-1477 or Debra Sloan 828-524-1264 are your contacts for this program.

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