The NOAA to steer up to $10M to aid for fishery

gdt iconAs numerous Gloucester fishing vessels rest at the dock, with fishermen unable to cut a profit, NOAA announced Thursday a plan not to directly bail out fishermen but to fund projects that the agency expects to eventually rebuild the industry. The $5 to $10 million in potential funds for the current fiscal year would allow the National Oceanic and Atmospheric Administration to dole out awards that would mostly range between $30,000 and $250,000 for fishing-related projects. continued@GDT

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