November 2, 2017 — University of Miami Rosenstiel School of Marine and Atmospheric Science (UM) Professor Daniel Benetti has been awarded $967,000 by Florida Sea Grant from the National Oceanic and Atmospheric Administration (NOAA).
The funding is just a portion of $9.3 million NOAA has slated for 32 projects around the country to help spur the development and growth of shellfish, finfish and seaweed aquaculture businesses. All projects include public-private partnerships and will be led by Sea Grant programs across the nation.
With each project, every two dollars of federal funding is matched by one dollar of non-federal funds, bringing the total investment to more than $13.9 million. UM successfully leveraged with matching funds from an ongoing research agreement with Aqquua, LLC, a US company investing in advanced technologies to further aquaculture development in the nation.
The projects include basic and applied research to improve efficient production of seafood, permitting of new businesses, management of environmental health issues, and economic success of aquaculture businesses.