Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · project grant (b)
The Goal of This Project Is to Address Recognized Bottlenecks for Processing Options and Absence of Markets That Inhibit the Expansion of the Commercial Seaweed Sector in Alaska, Specifically in Kachemak Bay. the Primary Objective of This Project Is to Design and Test a Proof of Concept Seaweed Processing and Distribution Hub in Homer, Alaska That Would Serve Multiple Small Farms in the Kachemak Bay Region. the Project Will Have the Active Participation of the Mariculture Community and Will Address a Significant Barrier Inhibiting the Sector's Economic Growth. the Project Aims to Promote New Business Practices That Will Allow for Increased Seaweed Production, (centralized Processing and Distribution), Developing New Local and Regional Markets for Minimally Processed Seaweed, and Supporting Local Production of New Value-added Seaweed Products. the Project Also Aims to Create New Jobs and Business Opportunities Using Existing Infrastructure in Ways That Will Contribute to the Economic
Committed
$297,563
Paid out
$184.0K
62%
Committed, not yet paid
$113.6K
38%
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Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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