Financial Resources

Below are some of the financial resources available to new or existing farmers.

Revolving Loan Program

Loans to nonprofits, cooperatives, municipal government’s and other entities for the purpose of increasing access to mariculture, especially within Alaska Native and rural communities.

read more

Alaska Agriculture Revolving Loan Fund

Loans of up to $1,000,000 for 1) operating expenses such as oyster seed and first-year start-up costs, 2) equipment purchases, such as nursery tanks and oyster cages, and 3) building processing facilities.

read more

Saltonstall-Kennedy Grant

Grants for carrying out R&D projects that address aspects of fisheries or aquaculture including harvest, processing and marketing. Proposals must be between $25,000 and $300,000 and for a 24 month project period.

read more

Fisheries Finance Program

Provides long-term fixed rate loans that can be used to refurbish, modernize or purchase vessels or mariculture facilities. The FFP will also refinance existing debt incurred for these purposes. The FFP will not finance a vessel refurbishing project that materially increases a vessel’s harvesting capacity.

read more