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Sea Pact is an alliance formed by 10 important seafood producing firms from the US and Canada.
Sea Pact opens new project funding cycle
(CANADA, 7/28/2018)
Innovative alliance of seafood industry leaders Sea Pact announces the opening of their seventh annual project funding cycle with a new process commencing with an initial request for letters of interest.
Sea Pact is a group of leading North American seafood companies dedicated to driving stewardship and continuous improvement of social, economic, and environmental responsibility throughout the global seafood supply chain.
The group aims to select projects in line with their mission and framed by twelve broad project categories outlined on the Projects page of the Sea Pact website. Additionally, its priority focus areas for preferential consideration for project funding this year are: social; responsibility; aquaculture; fisheries management; traceability; special species of interest, such as squid; special regional area of interest, like Great Lakes; freshwater fisheries; among others.
Sea Pact members are driving impactful industry change through the formation of a successful model of pre-competitive collaboration, utilizing their collective strength and robust industry expertise.
The group points out that they are advancing the goal of sustainable and responsible fishery and aquaculture practices and providing the building blocks for a long term and productive seafood industry via financial support and partner contributions to projects that improve fishing and farming systems globally.
The alliance informed that the initial 1-2 page Letters of Interest are due by August 20, 2018 and that selected organizations will be requested to submit a full project proposal by mid-September. Sea Pact aims to announce grant recipients in late 2018.
“We are excited once again to put a call out for innovative and impactful project proposals,” said Hamish Walker, Chief Operating Officer for Seattle Fish Company, and Chair of the Sea Pact Advisory Committee.
“We are looking forward to a more targeted and efficient granting process with the initial receipt and review of Letters of Interest and the further submission of important and relevant full proposals. We continue our interest to have an ongoing relationship with our grantees to see how our grants are making a difference, and a strong alignment to our charter and assessment criteria will be essential for success,” Walker stressed.
To date, Sea Pact has funded 21 grants to 16 projects in 11 countries, with over USD 400,000 in direct support and over USD 1 million of additional funds generated across these projects.
“Through our renewed Sea Pact project funding process, we are proactively working together to support pragmatic solutions-focused projects that will increase the supply of sustainable seafood and improve the health of ocean and freshwater ecosystems that we all rely upon,” he concluded.
The seafood companies forming part of the alliance area: Albion Farms & Fisheries in Vancouver, Fortune Fish & Gourmet in Chicago, Ipswich Shellfish Group in Boston, Santa Monica Seafood in Los Angeles, Seacore Seafood in Toronto, Seattle Fish Co. in Denver, J.J. McDonnell in Baltimore, Stavis Seafoods in Boston, North Atlantic Inc. in Portland, Maine and Euclid Fish Company in Cleveland.
Sea Pact receives sustainability council from non-profit organizations Ocean Outcomes, Sustainable Fisheries Partnership, and FishWise.
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