BH, it is possible of cos. But i think most of us dont see where is this heading to? Conservation of reefs? For interest? Commercial gains? Assuming that these goals are mutually exclusive, they automatically warrant your investment (time and effort and money) unnecessary.
I think people here wan to see that there is a future, a continuity in what you are starting. If lets say, when u head into NS, who is going to take care of the animals in the lab? Or teachers, students who get replaced - whos to assure that there is a plan to continue the project and the animals will be well looked after?
And u say u wan to import corals - dont see how this can lead to conservation of reefs either? cos wouldnt u be indirectly creating the demand?
I think u need to show figures; a commitment from members of the team that is in your school, to convince us of the worth of this project.