Grants and Contributions:

Title:
Validation of Performance of a New Oyster Farming System
Agreement Number:
1022066
Agreement Value:
$49,834.00
Agreement Date:
Sep 1, 2024 - Aug 25, 2025
Description:
The project involves the experimental validation of a newly developed variable buoyancy oyster farming system designed by King Aquaculture Inc. The system, initially tested in larger formats, has been optimized into a smaller, more manageable size. The goal is to increase the productivity and sustainability of oyster aquaculture by comparing the performance of this new system against traditional floating cage systems.
Organization:
National Research Council Canada
Expected Results:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Location:
Richibouctou-Village, New Brunswick, CA E4W 1G2
Reference Number:
172-2024-2025-Q2-1022066
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
814545554
Recipient Type:
For-profit organization
Recipient's Legal Name:
King Aquaculture Inc.
Federal Riding Name:
Beauséjour
Federal Riding Number:
13002
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:

The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization

Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
112510