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Funding announced for third phase of Oceans Holyrood Initiative

The Town of Holyrood has approved the development of a residential lot between Floods Road and Botanical Garden Road for smaller homes. — Town of Holyrood
The Town of Holyrood. - Contributed

HOLYROOD, N.L.

Over $200,000 in funding from the federal and provincial governments has been allocated to help boost the Oceans Holyrood Initiative (OHI).

According to a news release from the Atlantic Canada Opportunities Agency (ACOA) on Thursday, Dec. 20, the Town of Holyrood will use the funds for the third phase of the project.

It will include various marketing activities such as attending oceans-related trade shows and conferences, developing an OHI website, promotional materials and pop-up banners, as well as creating a social media strategy and an interactive business map.

The Town of Holyrood will receive a non-repayable contribution of $156,000 through ACOA’s business development program and $75,000 from the provincial Department of Tourism, Culture, Industry and Innovation’s regional development program.

“The recent funding from the Atlantic Canada Opportunities Agency and the Department of Tourism, Culture, Industry and Innovation allows Holyrood to continue our work on establishing Holyrood as the Cold Ocean Research and Innovation Hub for the Ocean sector,” Holyrood Mayor Gary Goobie said in the release.

“This announcement is affirmation of our vision statement to be a proud and inclusive community striving to maintain our natural beauty and eager to prosper as a community of practice for ocean technology and strategic investment.”

The OHI was launched in 2013 with a focus on promoting and advancing Holyrood’s oceans sector.

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