Navigating New Waters: Supporting Fisheries and Aquaculture Businesses to Pursue Seafood Tourism as a Diversification Pathway

Funding Activity

Website
https://www.frdc.com.au/project/2023-140

Funding Status
Active

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Funded Activity Summary


This project is a strategic initiative to support seafood businesses in diversifying into new economic markets. Amidst evolving global challenges and the impact of Covid-19 on the seafood industry, the need for diversification is more pressing than ever. The proposed project addresses this need by providing seafood business with the necessary support and resources to diversify into a sector which boasts much potential: seafood tourism. Seafood tourism presents a practical and feasible approach to diversification, which leverages the intrigue of marine environments and the seafood production process. Whilst feasible, there are inherent challenges and risks involved in pursuing this diversification pathway. This project directly responds to the request of F&A for support in navigating the diversification process. Central to its approach, is the delivery of decision-support tools which can facilitate informed decision-making and mitigate potential risks involved in diversifying. These tools will be vital in ensuring F&A businesses make sound and strategic decisions regarding their suitability to different seafood tourism models.


Objectives:
1. Identify the range of seafood tourism business models and determine success factors for different models.
2. Document and compare the operating environment and the regulations in each jurisdiction (across production, food safety, tourism) for establishing and maintaining seafood tourism enterprises.
3. Identify the business capacity and capability needed for successful seafood businesses, inclusive of skills, assets, and networks.
4. Develop decision support tools for seafood operators to undertake a first pass assessment of the potential suitability of different tourism models.

Funded Activity Details

Start Date: 03-11-2024

End Date: 30-05-2025

Funding Scheme: Funding Scheme not available

Funding Amount: $135,000.00

Funder: Fisheries Research and Development Corporation

Research Topics

ANZSRC Field of Research (FoR)

There are no FoR codes available for this funding activity

ANZSRC Socio-Economic Objective (SEO)

There are no SEO codes available for this funding activity

Other Keywords

Human Dimensions Research | Tourism

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