The objective of the National Program for Innovation in Fisheries and Aquaculture Project is to strengthen the Borrower’s capacity in the delivery of innovations in the fisheries and aquaculture value chains.
... See More + There are four components to the project, the first component being Promoting innovation in the fisheries sub-sector. This component will strengthen the Borrower’s capacity in the delivery of innovations in the capture fisheries subsector. It will finance a competitive grant mechanism and supporting services to assist beneficiaries in developing proposals and implementing subprojects funded through successful proposals. The second component is the promoting innovation in the aquaculture subsector. With the goal of enhancing the productivity and profitability of aquaculture activities, component two will strengthen the Borrower’s capacity in delivery of innovations in the aquaculture subsector. It will also support the generation of knowledge and the development of innovations needed to launch new aquaculture activities. Component two will finance a competitive grant mechanism and supporting services to assist beneficiaries in developing proposals and implementing subprojects funded through successful proposals. The third component is the strengthening the SNIPA, institutions, and policies to improve governance of fisheries and aquaculture. With the goal of increasing productivity, enhancing profitability, and ensuring sustainability of fishing and aquaculture production activities, Component three will strengthen the capacity of the national fisheries and aquaculture innovation system (Sistema Nacional de Innovación en Pesca y Acuicultura, SNIPA) to deliver innovations in the fisheries and aquaculture sector. Finally, the fourth component is the project management. Component four will strengthen the institutional and organizational capacity of the Vice Ministry of Fisheries and Aquaculture within produce required for the successful implementation of project supported activities, including compliance with procurement, safeguards, financial management, and monitoring and evaluation (M&E) requirements.
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