US Department of Commerce Invests $3.1M to Bolster Kenai Peninsula Mariculture Workforce

Aug 7, 2024 | Alaska Native, Fisheries, News

  Photo Credit: LaSalle Photo | iStock

The US Department of Commerce’s Economic Development Administration (EDA) is awarding a $3.1 million grant to the Chugach Regional Resources Commission in Anchorage to bolster workforce development in the Kenai Peninsula mariculture sector.

Supporting Mariculture

The grant supports expansion of the Alutiiq Pride Marine Institute Patrick (Ratii) Norman facility, helping to create jobs in the marine research and mariculture career fields. The EDA investment will be matched with $1.1 million in local funds and is expected to retain ninety-five jobs and generate $12 million in private investment, according to grantee estimates. 

“We know that American workers fuel our economic competitiveness, and this EDA investment will provide the Kenai Peninsula community with the skills they need to acquire good-paying, quality jobs while also helping to diversify the regional economy,” says US Secretary of Commerce Gina Raimondo.  

Alaska’s congressional delegation welcomed Raimondo’s announcement.

“This investment from the EDA will help the Kenai Peninsula harness the full potential of the mariculture industry,” Senator Lisa Murkowski says. “Expanding the facility will not only result in more advanced marine research capabilities, but also will invigorate workforce development efforts and private investment opportunities within the Kenai Peninsula.” 

“As the largest producer of seafood in the nation—roughly 60 percent of American seafood comes from our waters—Alaska is undoubtedly the superpower of seafood for our country,” says Senator Dan Sullivan. “But our oceans provide us with even more opportunities in mariculture for jobs and for economic development. We have tremendous opportunities for sustainable mariculture in Alaska, and I’m pleased that these funds will bolster much needed workforce development to further develop that industry.” 

“Alaskans and our fishing families know how important fish is; it’s a part of our way of life. Investments in mariculture can help us sustainably protect this way of life and our environment while creating new, good-paying jobs,” says Representative Mary Peltola.

Current Issue

Alaska Business Magazine March 2026 cover

March 2026

The EDA’s mission is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. EDA invests in communities and supports regional collaboration in order to create jobs for US workers, promote American innovation, and accelerate long-term sustainable economic growth.

“The Economic Development Administration works closely with local communities to support place-based economic growth,” says Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This investment will bolster a critical sector in Alaska’s economy by providing workforce development in an essential, sustainable industry.” 

Alaska Business Magazine March 2026 cover
In This Issue
ARCTIC DEVELOPMENT
March 2026
While all of Alaska is “arctic” to the rest of the country, our focus in the March 2026 Arctic Development special section is on projects more closely aligned to the actual Arctic, including an update on the Port of Nome deep-draft project, offshore oil activity, plans for projects on Savoonga and on the North Slope, and our cover story about the transportation industry’s efforts to operate responsibly in waters worldwide, which has direct applications to Arctic Seas. Also in this issue: learn more about the Chin’an Gaming Hall, USACE projects, the new Wildbirch Hotel, and the transportation and logistics of Girl Scout cookies. Enjoy!
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