Saltonstall-Kennedy Grant

The Saltonstall-Kennedy Grant Program

About the Saltonstall-Kennedy Grant Program

Administered by NOAA Fisheries, the Saltonstall-Kennedy (S-K) Grant Program awards funding to projects that promote the development and sustainability of U.S. fisheries. The FY25 competition is a two-stage process. This information session focuses on the first stage: the pre-proposal competition. Submitting a successful pre-proposal is mandatory to be considered for the later full proposal stage.

Application Requirements

To be eligible for these grants, all applicants must be U.S.-based and meet NOAA grant regulations [National Oceanic and Atmospheric Administration Grants Management Division website]. This typically includes:

• U.S. commercial fishing businesses
• Non-profit organizations
• Universities and research institutions
• State or local government agencies

Proposals must address one or more of the program’s priority areas:

• Promotion and Marketing of U.S. seafood
• Development, Infrastructure, and Capacity Building for U.S. fisheries
• Science or Technology that Enhances Sustainable U.S. Fisheries

Benefits of Applying

The S-K Grant Program offers several benefits:

• Opportunity to compete for grant funding to support projects that benefit the U.S. fishing industry and promote sustainable fisheries management.
• No matching funds are required.
• Potential to win between $25,000 and $500,000.

Program Details

• Type: Pre-Proposal Competition (Stage 1 of a 2-stage grant process)
• Location: Projects must benefit the U.S. fishing industry, although the applicant organization can be located anywhere in the U.S.
• Deadline: July 23, 2024, 11:59 p.m. Eastern Time (ET)

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Grants offer a number of advantages, especially when compared to traditional loans. Here are some of the biggest positives:

• Free Money: Unlike a loan, a grant doesn’t have to be paid back. This frees up cash flow for individuals or organizations and allows them to direct funds towards other areas.

• Funding Innovation: Grants are often awarded to support new ideas and initiatives. This can be a game-changer for businesses launching or expanding, or for researchers undertaking groundbreaking studies.

• Credibility Boost: Securing a grant can lend credibility to a project or organization. If a respected foundation or government agency sees value in your work, it can attract additional funding and support from other sources.

• Winning Streak Potential: Success with one grant application can lead to a better track record, making it easier to win future grants.

• Beyond Just Money: Grants can sometimes come with additional benefits like mentorship or access to professional networks. This can be invaluable for young businesses or researchers.

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