€1.1m Grants For Six Seafood Processors

12 Jun 2020 | 09.10 am

€1.1m Grants For Six Seafood Processors

Total investment of €3.5m 

12 Jun 2020 | 09.10 am

Six seafood processors are to share €1.1 million in grants towards investment investment programmes with a stated value of of €3.5m.

The funding is being provided from the European Maritime and Fisheries Fund Programme, co-funded by the state and the EU. The programme was introduced in 2016 and provides for aid of €240m for fisheries, aquaculture and seafood processing up to the end of 2020.

The supports are aimed at fostering innovation, value-adding, new market development and investment in new equipment and premises.  The companies that are to share the €1.1m are: 

  1. Carr & Sons Seafood, Mayo: €116,000
  2. Sofrimar, Wexford: €169,000
  3. Seafood Processors, Louth: €111,000
  4. Good Fish Processing, Cork: €119,000
  5. Keohane Seafood, Cork: €390,000
  6. West Cork Export Market Collective, Cork: €177,000

Their grants come from the Seafood Processing Capital Investment Scheme, which provides up to 30% aid to seafood processing premises to encourage capital investment in value-adding production capacity. 

Pic: Mike Keohane (centre) with Lidl’s John Paul Scally (right) and minister Michael Creed. (Pic: Daragh Mc Sweeney/Provision)

 

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