While large, multi-year research projects serve as the cornerstone of the 鈥檚 work, a new funding program has been launched that helps smaller 鈥� but still innovative 鈥� marine-based projects move forward and grow.
provides financial support to ideas that have the potential to advance research, commercial or social concepts related to ocean sustainability. While the funding isn鈥檛 large 鈥� typically ranging between $10,000 and $15,000 鈥� it will help early-stage projects get started. Funds can be used to conduct feasibility studies or develop prototypes, undertake pilot studies, collect and analyze early stage data and validate new research methodologies or approaches.
鈥淭he criteria are broad, and we did that on purpose,鈥� says Marlon Lewis, OFI鈥檚 scientific director. 鈥淲e want to encourage innovative ideas that help us better understand the issues that challenge the ocean while we also seek solutions that generate economic and social benefits from all the ocean has to offer.
鈥淭here鈥檚 an ocean of opportunity out there, and we want to encourage research projects that tap that potential. As the saying goes, good things come in small packages, and through OFI鈥檚 investment, we give these creative ideas, a chance to grow鈥�
Small projects with big potential
The OFI Seed Fund is available to students, faculty and staff at AV俱乐部 and Memorial University of Newfoundland, and projects that receive financing must be completed within 12 months.
鈥淭hat too was done on purpose,鈥� said Paul Snelgrove, OFI鈥檚 associate scientific director. 鈥淎s lead partners in OFI, Dal and MUN wanted to support concepts at the grassroots level, backing ideas created by those who work or study at our post-secondary schools. The 12-month time frame means projects can be done within an academic year, playing a key role in driving student success.鈥� 聽
鈥淭he program will initially fund a small number of seed projects,鈥� adds Dr. Snelgrove. 鈥淏ut we hope those seeds will bear fruit in catalyzing larger projects, allowing us to eventually expand the program.鈥�
To learn more about the OFI Seed Fund and how to apply, . There will be four calls for proposals during 2018; the deadline for the first call is March 30, 2018.