August 17, 2021

 

US$1.2 million grants to be provided to 13 Irish aquaculture enterprises

 

 

Ireland's Minister for Agriculture, Food and the Marine, Charlie McConalogue, has announced on August 16 an award of €1 million (US$1.2 million) in grants to 13 aquaculture enterprises under his department's European Maritime and Fisheries Fund Programme.

 

The grant awards will support total investment in these businesses of €2,917,572 (US$3.4 million). The grants are co-funded by the Irish government and the European Union, and are subject to terms and conditions.

 

"I am delighted to announce today €1 million in grant awards to a further 13 aquaculture investment projects, bringing the total awards in 2021 to €3.8 million (US$4.5 million) to 57 aquaculture enterprises, supporting €10 million (US$11.8 million) of investments in our aquaculture sector," McConalogue said.

 

"With these latest awards, the €30 million (US$35.3 million) allocated to the aquaculture sector in my department's EMFF Programme is now fully committed. However, a new Seafood Development Programme for the 2021-27 period is being prepared and I have already put in place arrangements for an interim Seafood Capital Investment Scheme to ensure capital grants to aquaculture, fisheries and seafood processing enterprises continue to be available pending the completion and adoption of the new programme. I understand that BIM intend to open that scheme to the aquaculture sector very shortly."

 

- Department of Agriculture, Food and the Marine (Ireland)