The Saltonstall-Kennedy Act established a fund (known as the S-K fund) used by the Secretary of Commerce to provide grants or cooperative agreements for fisheries research and development projects addressing aspects of U. S. fisheries, including, but not limited to, harvesting, processing, marketing,

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and associated business infrastructures.

Under this authority, grants and cooperative agreements are made on a competitive basis (subject to funding) to assist in carrying out projects related to U. S. commercial and recreational fisheries.

The term “fisheries” encompasses wild capture, marine aquaculture and recreational fishing.

The objective of the S-K Grant Program is to address the needs of the fisheries and fishing communities in optimizing economic benefits within the context of rebuilding and maintaining sustainable fisheries, and in dealing with the impacts of conservation and management measures.

U. S. fisheries include any fishery, commercial or recreational, that is, or may be, engaged in by citizens or nationals of the United States, or citizens of the Northern Mariana Islands, the Republic of the Marshall Islands, Republic of Palau, and the Federated States of Micronesia.

Proposals submitted to this competition must address at least one of the following priorities:
Aquaculture, Optimum Yield of Harvested Resources under Federal or State Management, Fisheries Socioeconomics, Conservation Engineering, Ecosystem Studies, and Territorial Science.