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Creed announces grant awards of €3.1 million to 13 seafood companies driving total investment of €6.7m in 2017

Minister for Agriculture Food and the Marine, Michael Creed T.D. today announced the award of a further €3,100,055 in grants to 13 seafood enterprises in 7 different counties under the European Maritime and Fisheries Fund (EMFF) Operational Programme for the seafood sector. 

Minister Creed said, “I am delighted to announce a further €3.1 million in EMFF grants to 13 seafood enterprises. These grant awards are supporting both capital and innovation projects in seafood processing and aquaculture and for the first time we are supporting 4 capital projects specifically aimed at handling and storing fish landed under the CFP landing obligation.  These specific projects are the first of their type to be approved under the EMFF Sustainable Fisheries Scheme, which aims to support fishermen, co-operatives and processors to implement the landing obligation”.

The grant awards will support total investment of €6.9 million in 2017.  The grants are awarded under 5 EMFF schemes and are co-funded by the Exchequer and EU and subject to terms and conditions.

The Minister continued: “This funding will assist 4 key players in the sector in providing infrastructure for the handling and cold storage of unwanted catches. By having such facilities in place, these parties will have more options for disposing of such unwanted catches, including sale to the high end pet food market, as bait for shellfish fishermen or in the longer term for the production of health care or pharmaceutical products.  The projects are innovative in their approach and demonstrate foresight on the part of these businesses in planning ahead to address the challenges of the landing obligation”.

These grant awards contribute to the Action Plan for Rural Development.

Added 26.07.17

Note to Editors

Ireland’s EMFF Operational Programme 2014-2020 was adopted by the European Commission in December 2015 and launched in January 2016 by the Minister for Agriculture Food and the Marine.  The Programme provides €240m in funding to the seafood sector (fisheries, aquaculture and seafood processing) over the period 2014 to 2020. The Programme is co-funded by the Exchequer and the EU.

The EMFF OP is providing a suite of 3 support schemes for the fish catching sector, namely:

  • The Sustainable Fisheries Scheme provides supports to the catching sector and others involved in implementing the landing obligation, including cooperatives and processors, and also supports the catching sector in other aspects of the CFP.
  • The New Fishermen Scheme supports young fishermen entering the catching sector to purchase their first fishing vessel.
  • The Inshore Management and Conservation Scheme supports the inshore fleet in implementing the Small Scale Coastal Fisheries Action Plan, in particular by supporting inshore stock conservation measures and inshore fisheries management.

The EMFF OP is providing a suite of 3 development schemes for the seafood processing sector, namely:

  • The Seafood Innovation and Business Planning Scheme aims to incentivise seafood innovation and new product development and assist the sector with business planning, environmental management and energy efficiency. 
  • The Seafood Capital Investment Scheme supports capital investment in state of the art equipment to produce value added seafood products thus maximising the return from raw materials. 
  • The Seafood Scaling and New Market Development Scheme gives processors the tools to diversify and develop their export markets and encourages cooperation in the sector to improve route to market structures. 

The EMFF OP is providing 2 Schemes to the aquaculture sector to help achieve the aims of the National Strategic Plan for Sustainable Aquaculture Development.  The Plan is seeking to sustainably grow production by 45,000 tonnes. 

  • The Sustainable Aquaculture Scheme supports capital investment by licensed aquaculture enterprises to sustainably grow production and reduce environmental impact of aquaculture. 
  • The Knowledge Gateway Scheme promotes and supports innovation, technological development and disease management in the aquaculture sector. 

Bord Iascaigh Mhara has been provided with €26 million of EMFF funds in 2017 to disperse to the seafood sector over 10 EMFF support schemes.

Grant approvals - Sustainable Fisheries Scheme

Beneficiary

County

Total Investment

Grant Approved

Foyle Fishermens Cooperative

Donegal

€2,141,045

€1,284,627

Kingfisher Fresh Ltd

Wexford

€873,752

€436,876

Castletownbere Fishermen’s Cooperative Society Ltd

Cork

€525,401

€315,241

Galway and Aran Fishermen’s Cooperative Ltd

Galway

€215,000

€129,000

TOTAL

 

 

€2,165,744

 

Grant approvals - Sustainable Aquaculture Scheme

Beneficiary

County

Total Investment

Grant Approved

Bantry Marine Research Station Limited

Cork

€8,075

€3,230

Sliogéisc Inisheane Teo

Donegal

€55,178

€22,071

TOTAL

 

 

€25,301

 

Grant approvals – Knowledge Gateway Scheme

Beneficiary

County

Total Investment

Grant Approved

Clew Bay Oyster Co-operative Society Ltd

Mayo

€183,015

€109,809

 

 

 

 

TOTAL

 

 

€109,809

 

Grant approvals - Seafood Processing Capital Investment Scheme

Beneficiary

County

Total Investment

Grant Approved

O’Cathain Iasc Teoranta

Kerry

€486,100

€145,830

Rockabill Seafood Ltd.

Dublin

€2,407,177

€619,350

Atlanfish Ltd.

Donegal

€17,750

€5,325

Kish Fish Company Ltd.

Dublin

€43,640

€6,546

TOTAL

 

 

€777,051

Grant approvals - Seafood Innovation & Business Planning Scheme

Beneficiary

County

Total Investment

Grant Approved

 

Kish Fish Company Ltd.

Dublin

€4,800

€2,400

Connemara Organic Seaweed

Galway

€19,500

€9,750

Iasc Mara Teoranta

Galway

€20,000

€10,000

TOTAL

 

 

€22,150

To view this Press Release as a PDF: DAFMPR 145/2017 (pdf 593Kb) 

Date Released: 26 July 2017

Distribution channels: Agriculture, Farming & Forestry