One of four Ocean Supercluster projects announced today
Today, Canada’s Ocean Supercluster announced four new projects with a total value of almost $11 million, including the Sustainable Protein for Aquaculture project. This Nova Scotia-led project will bring together academia, government, and the private sector to develop and commercialize two breakthrough technologies to produce an environmentally sustainable and low-cost protein for the aquaculture industry while reducing oil and gas emissions.
This game-changing project represents significant developments in science and technology and has never been done before. The Sustainable Protein for Aquaculture project will take greenhouse gas emissions from upstream oil and gas and convert them into a high-value protein product to be used to feed farmed fish.
The Sustainable Protein for Aquaculture Project is led by DeNova, in collaboration with the Center for Aquaculture Technologies Canada, Natural Products Canada, Dalhousie University, the National Research Council of Canada, Atlantic Canada Opportunities Agency (ACOA), and Cooke Aquaculture.
With a total project value of $6 million, the Ocean Supercluster will provide almost $2.6 million with the balance of funding coming from project partners.
The Sustainable Protein for Aquaculture Project will put Atlantic Canada at the forefront of the alternative and sustainable protein sector while reducing harmful greenhouse gas emissions, contributing to sustainable growth of Canada’s ocean economy. This project will create 12 new full-time positions with the potential for more than 150 direct jobs upon commercial success.
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Quotes:
“Canada’s oceans, the bounty in their waters, and the riches underneath them have created prosperity for generations of Canadians. Our people have expertise now that can take on the world. So, that’s what they’re doing.” – The Honourable Seamus O’Regan Jr., Minister of Natural Resources
“There is so much opportunity for growth in the ocean sector, and I am thrilled to see Atlantic businesses leading the way with innovative projects that will make lasting contributions in this area. Canada’s Ocean Supercluster has done fantastic work connecting small businesses with the networks and expertise they need to succeed in today’s economy.”- Andy Fillmore, Parliamentary Secretary to the Minister of Infrastructure and Communities and Member of Parliament for Halifax
“Canada’s oceans are a source of incredible opportunity where we can both help address climate change and also deliver exciting new economic benefits for Canadians. This project brings together an impressive partnership that will see the development of an innovative solution to the aquaculture industry in a time when the global demand for protein continues to grow.”– Kendra MacDonald, CEO, Canada’s Ocean Supercluster
“We sincerely appreciate the support from Canada’s Ocean Supercluster and their belief in DeNova’s vision and innovative technologies. We believe that DeNova’s sustainable protein can become a significant global player in the expanding alternative proteins market and will contribute to the sustainability of our oceans and more environmentally sound aquaculture practices.” – Brianna Stratton, President, DeNova
“DeNova’s unique technology delivers a 1-2 punch to both global warming and the protein crisis, and is a perfect example of the innovative Canadian companies that Natural Products Canada has the privilege to support.” – Shelley King, CEO, Natural Products Canada
“CAT is pleased to support DeNova and its partners in the development of their novel protein ingredient for use in aquafeeds. The CAT FeedTech Center, complementary expertise, and facilities in aquatic animal nutrition research are designed specifically to facilitate bringing innovative feed ingredients like the Sustainable Protein for Aquaculture to market faster.” – Debbie Plouffe, Vice President of Business Development, The Center for Aquaculture Technologies
“I can strongly attest to the merits of DeNova’s innovative approach, and of the growing global need for novel alternative proteins. Responsive to customer awareness of aquaculture feed source sustainability, Cooke Aquaculture is actively pursuing potentially scalable and cost-effective non-food sources of proteins for feed inclusion. The promising approach DeNova is taking, if proven, would be a valuable contribution towards our shared goals of global food sustainability.” – Dr. Andrew K. Swanson, Vice President of Research & Development, Cooke Aquaculture