
Through the Magnuson-Stevens Fishery Conservation and Management Act, NSEDC has been allocated a percentage of all Community Development Quota (CDQ) species, including groundfish, crab and halibut.
Annual catch specifications are established each December through the North Pacific Fishery Management Council's TAC (total allowable catch) setting process. These annual catch specifications are then combined with NSEDC's CDQ allocation percentage to determine our annual catch allowance.
Annual CDQ and target fisheries for red king
crab in Norton Sound and halibut in IPHC
area 4D/E are predominantly reserved for
local fishermen residing in NSEDC member communities. Annual CDQ of
most other groundfish species and the
greater Bering Sea CDQ crab fisheries are
harvested and processed in cooperation with our with
industry partners.
Over the years, NSEDC has developed a number
of business relationships and harvesting
agreements with partner fishing companies and vessels. Many of these
industry partners have worked with NSEDC since the inception of the the
various commercial fisheries of the CDQ program. NSEDC holds ownership stakes in the operations of some of its industry partners. As a rule, NSEDC and harvesting
partners work cooperatively and
share in revenues generated from the sale of
CDQ-related products through royalty
payments, profit sharing and/or ownership
interests, and employment
opportunities.

Norton Sound Economic Development Corporation
420 L Street, Suite 310, Anchorage, AK 99501, Phone 1-907-274-2248, Fax 1-907-274-2249