Grants and Contributions:
Title:
Cascadia Seaweed's Sustainable Agrifeed Solution
Agreement Number:
1029470
Agreement Value:
$2,634,977.76
Agreement Date:
Mar 4, 2025 - Sep 15, 2027
Description:
Cascadia Seaweed aims to build a large-scale seaweed farm to deliver a sustainable agrifeed product.This project will result in three key innovations:1. Deploy a large-scale ocean farm in Canada to grow enough seaweed for a minimum viable agrifeed product2. Cost effective, low energy, high throughput seaweed processing technologies3. A tested sustainable agrifeed productWith access to high volumes of cost-effective seaweed, Canada is able to start addressing the increasing demand for raw material without reliance on foreign markets. Canada currently imports >90% of seaweed and the annual demand increases by ~8-14%. The project outcomes enable Canadian companies to be cost competitive with larger foreign markets while addressing climate change, food insecurity, and economic instability within Canada. Seaweed growth provides significant environmental benefits such as carbon capture and habitat creation, and these benefits scale-up with the amount of seaweed cultivated. There are additional benefits to utilizing the crop as an agrifeed solution; by increasing the resiliency of the livestock industry though a myriad of impacts, such as improved feed conversion ratio (5%), reduction of enteric methane (15%), and reduced reliance of land based crops for livestock feed. The improved feed conversion and improved product quality also make this solution economically viable by farmers.
Organization:
National Research Council Canada
Expected Results:
The expected results and outcomes of NRC Industrial Research Assistance Program is focused on growing small and medium-sized enterprises (SMEs) through innovation and wealth creation for Canada.
Location:
Sidney, British Columbia, CA V8L 3A4
Reference Number:
172-2024-2025-Q4-1029470
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
790243273
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 2 time(s). The end date of this agreements has been modified by 77 days.
Amendment Date
Mar 25, 2026
Recipient's Legal Name:
CASCADIA SEAWEED CORP.
Federal Riding Name:
Saanich--Gulf Islands
Federal Riding Number:
59027
Program:
Industrial Research Assistance Program
Program Purpose:
The purpose of Industrial Research Assistance Program Contributions to Firms is to provide support that assists small and medium-sized enterprises (SMEs) to advance their innovation knowledge and ability to innovate, grow through innovation and stimulate wealth creation for Canada.
Coverage:
Industrial Research Assistance Program projects stimulate wealth creation for Canada through technological innovation and strengthen Canadian innovation ecosystem by creating new industrial capacity.
NAICS Code:
11251
Amendments: