Federal grant · project grant (b)
The U.s. Commercial Seaweed Market Is One of the Country's Most Promising Emerging Industries, Forecasted to Grow 7% From 2022 to 2029. for Fishermen and Shellfish Farmers, Adding Kelp Cultivation to Their Business Strategy Offers the Potential to Manage Risk by Diversifying Their Crops, Extending Their Growing Season, and Increasing Revenue. While This Nascent Market Offers Potential Economic Benefits for Fisheries and Their Stakeholders, Farmers Face a Number of Barriers to Success. One of Those Barriers Is Mismatched Expectations Between Farmers and Their Prospective Buyers, Which Can Result From a Lack of Shared Understanding of the Complexities-which Include Uncertainties Involving Production Capacity, Regulations, Food Safety, and Processing-of an Emerging Agricultural Supply Chain. in Order for the Industry to Expand, Stakeholders Across the Value Chain Need Education and Resources to Align Their Respective Motivations and Goals and Develop Successful Long Term Purchasing Rel
Committed
$152,723
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