The Florida Fish and Wildlife Conservation Commission was awarded $20 million from the Gulf Environmental Benefit Fund to help restore the failing oyster population in Apalachicola. It was announced in December 2019 that the money will be used to initiate a five-year plan to help revitalize the Apalachicola Bay oyster population.
The first two years will be dedicated to research in partnership with Florida State University to determine the best location to establish the new oyster beds. The following three years will involve placing oyster substrate to create 1,000 new acres of productive reef.
With restoration of the oyster beds, officials hope the resurgence of the oyster industry will boost the economy in Apalachicola and surrounding areas.