Federal and state support for aquaculture development in the United States

Abstract

Despite a generally uniform federal support infrastructure, aquaculture development in individual states differs widely in the United States. Even among eastern coastal states with shared natural attributes, introduction of reared species and rates of development may differ noticeably. Aquaculture development reflects existing natural, human and physical capital resources and may be influenced by statutes, regulations and public support. One dimension of the existing and emerging industry support involves financial and development programs. This paper presents data on the structure and utilization of public financing programs and nonprofit economic development support by commercial marine and inland aquaculture enterprises in the United States and selected subdivisions. The research illustrates the scope and magnitude of public sector financial support in eight states; however, the costs and benefits of the public investment need to be carefully examined.