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Aquacultural Manager

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AVG. SALARY

$56,700

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EDUCATION

High school (GED) +

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Communication

You are an aquaculture technician who works for a private company, AllFish Inc.

You have become aware of a federal law that sets aside millions of dollars in grants to encourage aquaculture in the United States. In all, more than $12 million is up for grabs. You are pretty sure your company could qualify for a grant to expand operations.

You'd like to see a second farming area adjacent to your existing pen.

You've also read that only company owners can apply for grants. You decide to write a memo to the company owner outlining the grant provisions and the steps for applying.

Here's some background:

The law frees up $6 million per year in grants, to be administered by the Agriculture Department and issued based on merit and overall benefits to the public from each project. In the past, the grants have been awarded mainly to companies that wanted to start new fish farms or expand existing facilities -- putting more people to work or helping lower the cost of seafood products as a result.

Applying for the grant requires submitting a letter outlining plans for expansion and a brief description of how the public will benefit.

You know that a parcel of bay area is being leased by the state for aquaculture and that your company can lease 10,000 cubic yards for free as long as it is being used to farm fish. To get the area up and running will require about $50,000 in start-up costs and another $50,000 in salaries and other costs for the first year. So you would recommend seeking $100,000 from the grant pool.

You want your letter to be persuasive. You think this is a golden opportunity for your company. Yet your letter also has to be diplomatic. You are an employee, after all. The best approach may be to stick to the facts. What will you write to your boss?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.