Processing Research Partners Program

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Processing Research Partners Program Objectives The primary objective of the program is to stimulate and support the undertaking of high quality, scientifically valid, short-term (normally 3 years or less) applied and/or developmental research that will yield economic benefits to the P.E.I. fish processing sector. Definitions (For the purpose of this program, the following definitions apply) Fish processing means the processing of any marine species. Applied research is research that produces results directly applicable to the fish processing industries. Developmental research is the use of results of basic or applied research for the purpose of creating new, or improving existing materials, devices, products and/or processes. Funding Levels The Initiative will cost share applied and developmental research projects initiated by industry associations and/or private businesses. Private businesses include corporations, partnerships, sole proprietorships and cooperatives. Funding will be available according to the following table. Private businesses are also encouraged to investigate Research and Experimental Development Tax Credits under the provision of Canada s Income Tax Act. AFRI Funding Levels for Processing Research Partners Projects Applicant Applicant s Contribution AFRI Contribution Industry Associations $1.00 $4.00 (projects with total budget under $20,000) $1.00 $1.00 (projects with total budget over $20,000) $3.00 $1.00 The maximum contribution by AFRI to any project will normally be $60,000.00

Program Guidelines 1. Applications will be reviewed 4 times a year with submission deadlines of: March 15 th June 15 th September 15 th December 15 th Under normal circumstances, funding decisions will be rendered within 6 weeks from the 2. Eligible costs include salaries (graduate student stipends eligible), consulting fees, rental costs, travel, materials and supplies. Expenses (eligible) incurred between the time of application submission deadline date and notification of funding will be reimbursed if the project is approved. If the project is not approved all costs associated with the research will remain the responsibility of the applicant. Capital purchases are ineligible under the Initiative, as are expenditures made prior to the 3. Up to 50% of an applicant s contribution may be contributed by one or more co-applicants. 4. Contributions may be in the form of cash or in kind. In kind contributions include such items as equipment rental, building rental, personnel and materials. In kind contributions are based on fair market value. 5. In kind contributions can not exceed 50% of each contributor s contribution to the project. This condition applies to all participants in a collaborative project. 6. AFRI reserves the right to request one or more confidential external reviews of an application. 7. A report on project findings and a financial statement must be submitted within 90 days of the agreed upon date of completion of the project. Final reports must be acceptable to the AFRI Board and will be made public on an agreed upon date. 8. AFRI contributions will be paid on a schedule agreed to by AFRI and the applicant with the provision that a minimum of 20% of the total AFRI contribution will be held back until the final report and financial statement have been submitted. 9. The rights to intellectual property resulting from a project shall be shared by the applicant, AFRI and any other funding partner, in proportion to their level of contribution, unless otherwise agreed. Intellectual property includes technical information, inventions, designs, methods and processes that are conceived, developed or first reduced to practice in carrying out the project.

Aquaculture Research Program Objectives The primary objective of the program is to stimulate and support the undertaking of high quality, scientifically valid, short-term (normally 3 years or less) applied and/or developmental research that will yield economic benefits to the P.E.I. aquaculture industry. A secondary objective is to contribute to the training of highly qualified individuals who can serve the aquaculture industry in years to come. Definitions (For the purpose of this program, the following definitions apply) Aquaculture is the culture of aquatic organisms, including fish, molluscs, crustaceans and aquatic plants. Applied research is research that produces results directly applicable to the aquaculture industry. Developmental research is the use of results of basic or applied research for the purpose of creating new, or improving existing materials, devices, products and/or processes. Funding Levels The Initiative will cost share applied and developmental research projects initiated by industry associations, private businesses, educational institutions, individual aquaculturists and/or provincial government agencies. Private businesses include corporations, partnerships, sole proprietorships and cooperatives. Funding will be available according to the following table. Private businesses are also encouraged to investigate Research and Experimental Development Tax Credits under the provision of Canada s Income Tax Act. AFRI Funding Levels for Aquaculture Research Projects Applicant Applicant s Contribution AFRI Contribution Industry Associations $1.00 $4.00 (projects with total budget under $20,000) (projects with total budget over $20,000) $1.00 $1.00 $3.00 $1.00 Public Institutions $3.00 $1.00 Individual Aquaculturists $1.00 $1.00 The maximum contribution by AFRI to any project will normally be $60,000.00

Program Guidelines 1. Applications will be reviewed 4 times a year with submission deadlines of: March 15 th June 15 th September 15 th December 15 th Under normal circumstances, funding decisions will be rendered within 6 weeks from the 2. Eligible costs include salaries (graduate student stipends eligible), consulting fees, rental costs, travel, materials and supplies. Expenses (eligible) incurred between the time of application submission deadline date and notification of funding will be reimbursed if the project is approved. If the project is not approved all costs associated with the research will remain the responsibility of the applicant. Capital purchases are ineligible under the Initiative, as are expenditures made prior to the 3. Up to 50% of an applicant s contribution may be contributed by one or more co-applicants. 4. Contributions may be in the form of cash or in kind. In kind contributions include such items as equipment rental, building rental, personnel and materials. In kind contributions are based on fair market value. 5. In kind contributions can not exceed 50% of each contributor s contribution to the project. This condition applies to all participants in a collaborative project. 6. AFRI reserves the right to request one or more confidential external reviews of an application. 7. A report on project findings and a financial statement must be submitted within 90 days of the agreed upon date of completion of the project. Final reports must be acceptable to the AFRI Board and will be made public on an agreed upon date. 8. AFRI contributions will be paid on a schedule agreed to by AFRI and the applicant with the provision that a minimum of 20% of the total AFRI contribution will be held back until the final report and financial statement have been submitted. 9. The rights to intellectual property resulting from a project shall be shared by the applicant, AFRI and any other funding partner, in proportion to their level of contribution, unless otherwise agreed. Intellectual property includes technical information, inventions, designs, methods and processes that are conceived, developed or first reduced to practice in carrying out the project.

Commercial Fisheries Research Program Objectives The primary objective of the program is to stimulate and support the undertaking of high quality, scientifically valid, short-term (normally 3 years or less) applied and/or developmental research that will yield economic benefits to the P.E.I. commercial fisheries industry. A secondary objective is to contribute to the training of highly qualified individuals who can serve the commercial fisheries industry in years to come. Definitions (For the purposes of this program, the following definitions apply) Commercial Fishery means a fishery whereby a marine fisher engages in fishing for gain and holds a commercial fishing license or permit. Applied research is research that produces results directly applicable to the commercial fishery. Developmental research is the use of results of basic or applied research for the purpose of creating new, or improving existing materials, devices, products and/or processes. Funding Levels The Initiative will cost share applied and developmental research projects initiated by industry associations, private businesses, educational institutions, individual fishers and/or provincial government agencies. Private businesses include corporations, partnerships, sole proprietorships and cooperatives. Funding will be available according to the following tables. Private businesses are also encouraged to investigate Research and Experimental Development Tax Credits under the provision of Canada s Income Tax Act. AFRI Funding Levels for Commercial Fishery Research Projects Applicant Applicant s Contribution AFRI Contribution Industry Associations $1.00 $4.00 (projects with total budget under $20,000) (projects with total budget over $20,000) $1.00 $1.00 $3.00 $1.00 Public Institutions $3.00 $1.00 Individual Fishers $1.00 $1.00 The maximum contribution by AFRI to any project will normally be $60,000.00

Program Guidelines 1. Applications will be reviewed 4 times a year with submission deadlines of: March 15 th June 15 th September 15 th December 15 th Under normal circumstances, funding decisions will be rendered within 6 weeks from the 2. Eligible costs include salaries (graduate student stipends eligible), consulting fees, rental costs, travel, materials and supplies. Expenses (eligible) incurred between the time of application submission deadline date and notification of funding will be reimbursed if the project is approved. If the project is not approved all costs associated with the research will remain the responsibility of the applicant. Capital purchases are ineligible under the Initiative, as are expenditures made prior to the 3. Up to 50% of an applicant s contribution may be contributed by one or more coapplicants. 4. Contributions may be in the form of cash or in kind. In kind contributions include such items as equipment rental, building rental, personnel and materials. In kind contributions are based on fair market value. 5. In kind contributions can not exceed 50% of each contributor s contribution to the project. This condition applies to all participants in a collaborative project. 6. AFRI reserves the right to request one or more confidential external reviews of an application. 7. A report on project findings and a financial statement must be submitted within 90 days of the agreed upon date of completion of the project. Final reports must be acceptable to the AFRI Board and will be made public on an agreed upon date. 8. AFRI contributions will be paid on a schedule agreed to by AFRI and the applicant with the provision that a minimum of 20% of the total AFRI contribution will be held back until the final report and financial statement have been submitted. 9. The rights to intellectual property resulting from a project shall be shared by the applicant, AFRI and any other funding partner, in proportion to their level of contribution, unless otherwise agreed. Intellectual property includes technical information, inventions, designs, methods and processes that are conceived, developed or first reduced to practice in carrying out the project.