30 July 2020 – $400,000 seafood marketing and innovation fund to support and create jobs

Type of Intervention: Financial and Economic
Sectors Involved: Private Sector and Businesses
Level of Jurisdiction: NL
Lead People/Agency: Minister of Fisheries and Land Resources

Overview: $400,000 seafood marketing and innovation fund that will support the marketing of seafood products for retail and establish other markets for seafood sales in light of the impact of COVID-19 on restaurant sales. This funding will help create jobs in Newfoundland and Labrador’s fisheries and aquaculture sectors, and help processors and aquaculture operators expand their product lines and markets.
Full details here: https://www.gov.nl.ca/releases/2020/flr/0730n01/

Type of Justification: Advice of INTERNAL government advisory committee or group
Source of Evidence or Justification: Government of NL
Evidence/Justification: Help create jobs in NL’s fisheries and aquaculture sectors and help processors and aquaculture operators expand their product lines and markets