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Marine biotechnologies offer different options for valuing marine products and their co-products in a multitude of industrial applications, such as agrobiotechnology, aquaculture, nutraceuticals, cosmetics, animal & human health, biofuels, biomedical, all active industrial sectors in Quebec. The global marine biotechnology market has been estimated to be worth $ 4.8 billion (US) in 2020 and $ 6.4 billion in 2025 respectively.
Thus, marine biotechnologies constitute a promising avenue for modernizing and ensuring the sustainability of the fishing and aquaculture industry as well as finding alternatives to the burial of marine residues.
The development of marine biotechnologies in Quebec is one of the measures of the new Avantage Saint-Laurent maritime vision, which aims to offer maritime communities promising and sustainable development possibilities.
It is in this context that CRIBIQ is launching, in collaboration with the direction of the maritime strategy secretariat of the Ministère des Transports du Québec (MTQ), the 2nd phase of BTM PROPULSION's program, in order to continue the business financing initiative, who work in the marine biotechnologies' field in Quebec.
You can download the BTM Propulsion Applicant Guide (in french only) for more information or visit the funding program's page for more information on our funding's programs.
Please note that in the 88th call for projects, the letter of intent is mandatory.
Download the letter of intent (in french only) for the 88th call for projects - Special call BTM PROPULSION.
You can contact directly Mrs Daniela Bernic, director of Innovation, to validate your to validate the eligibility of your projects and obtain the required forms for the submission of the full application.