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€1.6m in EMFF Grant Awards for Aquaculture Investment and Research - Creed

Minister for Agriculture Food and the Marine, Michael Creed T.D., today announced the award of a further €1,574,611 in grants to 11 aquaculture enterprises and 4 third level research institutions in 8 different counties under the European Maritime and Fisheries Fund (EMFF) Operational Programme for the seafood sector.  The grant awards will support total investment of €3 million in capital investment and applied research in the aquaculture sector.  The grants are co-funded by the Exchequer and EU and subject to terms and conditions.

Minister Creed said, “I am pleased to announce a continued and increasing level of capital investment in our aquaculture sector which will underpin our ambitions to significantly grow our production in the coming years.  I am delighted also to see recent efforts by my Department and BIM to encourage our third level institutions to become involved in the research agenda for the sector coming to fruition with three of our best third level institutions receiving approval for applied research to assist our sector in innovating and developing new technical knowledge to support the sustainable growth of the sector, together with two further industry research projects. This government is committed to building opportunities for those in coastal communities and the seafood sector” 

The grants are made under the EMFFSustainable Aquaculture Scheme and EMFF Knowledge Gateway Scheme.  Both schemes remain open for new applications.

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

 

Added 02.05.2017Added 02.05.17Added 02.05.2017Added 02.05.2017 

 

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.

Two Schemes are available 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 Aquaculture Scheme

Beneficiary

County

Project

Total Investment

EMFF Grant

Trabay Ltd

Donegal

Investment in oyster handling machinery

€83,450

€33,380

PKA Ltd

Waterford

Increase production of oyster farm

€1,251,075

€500,430

Owen & P. Teahon Shellfish Ltd

Kerry

Construction of a fibre glass Orca boat

€8,000

€3,200

Ocean Run Ltd

Cork

Upgrade of mussel handling facilities

€41,350

€16,540

Natura Mussels Ltd

Cork

Increase production of oyster farm

€60,702

€24,281

Cromane Point Oysters Ltd

Kerry

Increase production of oyster farm

€32,398

€12,959

Connemara Seafoods Ltd

Mayo

Increase production of oyster farm

€171,202

€68,480

Atlantic Sea Farms Ltd

Cork

Increase production of rope mussel farm

€134,686

€53,874

Armada Shellfish Company Ltd

Sligo

Increase production of oyster farm

€134,609

€53,843

Bantry Harbour Mussels Ltd

Cork

Mussel Organic

Certification

€1,100

€550

TOTAL

 

 

€1,918,572

€767,537

  

 

 

    Grant approvals – Knowledge Gateway Scheme

Beneficiary

County

Project

Total Investment

EMFF Grant

Bantry Marine Research Station

Cork

Private research on high-value bio-active compounds from seaweed

€501,180

€200,000

University College Cork

Cork

Public research on integrated multitrophic aquaculture

€232,488

€232,488

National University of Ireland Galway / Athlone Institute of Technology

Galway / Westmeath

Public research on reducing the impact of aquaculture on the environment

€348,781

€348,781

Ocean Farm Ltd

Donegal

Private research on jellyfish bubble curtain trial

€51,610

€25,805

TOTAL

 

 

€1,134,049

€807,074

 

 

 

ENDS

 

Date Released: 05 September 2017