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.

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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 May 2026 cover
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May 2026
Our May 2026 construction content covers multiple exiting projects around the state, from the new planetarium in Fairbanks to the cruise terminal in Seward to a pedestrian lightings project on Kodiak to an education and science center at Portage. The construction special section also explores the significant impact the industry has on Alaska, looking at efforts to rebuild in Western Alaska and workforce development. May also features the 2026 entrants into the Alaska Innovators Hall of Fame, insight on the 529 Program, and coordinating emergency preparedness. Enjoy!
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