Funding
Funding Opportunities for New or Existing Farmers
Many funding opportunities are open on a constant, rolling or sporadic basis. Explore some of these opportunities to learn more about available funding.
Mariculture Incentive Grant Program
The Mariculture Incentive Grant Program provides dollar-for-dollar matching grant funds to mariculture farmers, processors, nurseries, and hatchery operations who are engaged in developing or expanding mariculture in Alaska.
Rural Economic Development Loan & Grant Program
The Rural Economic Development Loan and Grant programs provide funding for rural projects through local utility organizations.
Native Regenerative Fund
Provides financial support to Alaska Native kelp farmers for permit and lease fees, farming equipment, and startup costs.
Marine Aquaculture Pilot Projects
Promotes sustainable farming and business for practices in AK, CA, OR, WA, HI, and U.S. Pacific Islands; 6-8 Projects are usually funded annually
Kelp Climate Fund
Grants of up to $25,000 for kelp farmers in exchange for data collection and sharing
AMC Revolving Loan Fund
Loans to eligible businesses, nonprofits, cooperatives, municipal governments and other entities for the purpose of increasing access to mariculture, especially within Alaska Native and rural communities
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.
Alaska Small Business Economic Development
Loans of up to $300,000 to small businesses (see SBA definition) that have matching loan funds.
Alaska Small Business Microloans
Loans of up to $35,000 for working capital, equipment, construction, or other commercial purposes
Alaska Mariculture Loan Program
Loans of up to $100,000 per year (max balance of $300,000) for planning, constructing and operating shellfish or aquatic plant farming business.
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.
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.
Current AMA Funding Opportunities
There are currently no open funding opportunities.
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