Project Investment:

• Island Coastal Economic Trust: $50,000
• Applicant Equity: $61,850
• Total Budget: $111,850

Project Highlight:

Tiičma means “Heart” in Nuučaan̓ał

Tiičma Fisheries, which is wholly owned by the Ka:’yu:’k’t’h’/Che:k’tles7et’h’ First Nations, is growing their current shellfish operations out of Kyuquot Sound. Tiičma is presently limited to small delivery loads due to a lack of storage, which also impacts transportation costs.  

This project will help fund a new secure logistics and staging facility at Fair Harbour, providing essential security for critical aquaculture assets in this area. The storage area will allow Tiičma to reduce its transportation costs and expand its shellfish aquaculture operations.  

By supporting the aquaculture business expansion, this project will enable the development of additional farms including a scallop farm at Amai Inlet, a commercial oyster farm at Cachalot Inlet, and farms for seaweed, geoduck, and abalone. This initiative is also critical in allowing Tiičma Fisheries to meet their planned aquaculture expansion plans while creating sustainable employment opportunities for Houpsitas community members, food security for the Nation, and long-term sustainable revenue once farmed product becomes ready to harvest and market.