May 7, 2024 — NOAA Fisheries announced 14 projects to be funded through the 2024 Scallop Research Set-Aside Program, with researchers partnering with the scallop fleet to investigate sea scallop research priorities developed by the New England Fishery Management Council.
Participants conduct research and harvest their set-aside award, generating funds for the research. Based on an ex-vessel price estimate of $14 per pound, NOAA Fisheries expects the awards to generate approximately $22 million; $5 million to fund research, and $17 million to compensate industry partners who harvest the set-aside scallops.
“In RSA programs, researchers compete for funding through a federal grant competition managed by NOAA Fisheries,” according to the announcement from the NOAA Fisheries Greater Atlantic office. “No federal funds support the research. Instead, the programs award pounds of sea scallops from amounts “set-aside” annually for this purpose.”