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Cape Ann Seafood Exchange is the lone Gloucester-based applicant that NOAA is recommending to receive funds under the long-awaited 2013 Saltonstall Kennedy Grant dispersal.

 

The Rogers Street business, which primarily operates as one of the city's two seafood auctions, is set to receive $391,670, pending final cost analysis and legal review by NOAA's grants management office, for its project to help build a sustainable redfish fishery and market the under-utilized species to consumers.

 

NOAA said it anticipates the recommended applicants will receive the grants within 30 to 60 days.

 

"The goal of the project is to build a sustainable, fully utilized fishery for Gulf of Maine-harvested redfish," NOAA said in its description of Cape Ann Seafood's application. "Efforts undertaken to realize the full market potential of this under-utilized species include creating the capacity to process and market whole redfish fresh and frozen fillets that are competitively priced for new domestic and international markets."

 

Read the full story at Gloucester Times>>


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