fundsforNGOs

Schmidt Marine launches $3.5 Million Global Fisheries Tech Initiative

Youth Innovation Challenge 2022: Tackling Marine Debris

Deadline: 20-May-22

The Schmidt Marine Technology Partners has launched the applications for the Global Fisheries Tech Initiative to support development of new technologies that increase fisheries sustainability.

The effort is also being funded by two anonymous philanthropic groups.

Schmidt Marine funds groups at a variety of stages, but prioritizes support to projects in the earliest stages of development, when funding is most difficult to obtain. Schmidt Marine traditionally commits to fund a project for several years until it has reached financial stability through traditional investment or contracts and sales.

Focus Areas

Though other ideas will be considered, the primary focus will be on:

Funding Information

Individual grants typically range from $100,000 to $500,000 per year, and to date the program has funded more than 60 technologies focused on ocean health.

Eligibility Criteria

For more information, visit https://www.schmidtmarine.org/sustainable-fisheries-rfp/

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