Recently, Maryland has invested in a variety of programs to promote shellfish aquaculture in the Chesapeake Bay and coastal bays.
According to the Maryland Department of Natural Resources, the state’s 2014 capital budget includes $500,000 for aquaculture loan assistance through the Maryland Agricultural & Resource-Based Industry Development Corporation (MARBIDCO), a State-run business assistance program.
The State has issued 52 new shellfish aquaculture leases, with about 85 pending approval. Thirty of the approved leases went to watermen. MARBIDCO has helped 36 watermen with shellfish aquaculture operation development loans.
Maryland shellfish growers produce oysters and clams for human consumption.
source: MD DNR