Minister Dooley announces opening of the Seafood Processing Capital Investment Scheme
- Foilsithe: 1 Lúnasa 2025
- An t-eolas is déanaí: 1 Lúnasa 2025
Minister of State at the Department of Agriculture, Food and the Marine with special responsibility for Fisheries, Timmy Dooley TD, today announced the opening of the 2025 Seafood Processing Capital Investment Scheme. This scheme will provide important grant aid support to the seafood processing sector to allow continued investment by operators in product development, innovation, and efficiencies in production methods and energy use.
It is implemented under Ireland’s Seafood Development Programme, which is jointly funded by the Irish government and EU Commission under the European Maritime, Fisheries and Aquaculture Fund (EMFAF).
Announcing the opening, Minister of State Dooley acknowledged the resilience of the seafood processing sector, saying:
“Having met with many seafood processors in recent months, I have been impressed by their level of commitment to the continued growth of the sector, despite the challenges it has faced, most particularly since Brexit. The supports put in place for the seafood processing sector under the Brexit Adjustment Reserve were vital in allowing the sector to invest in the transformational change that was required in order that operators could adapt to the change operational environment post-Brexit.”
The Minister added:
“The implementation of this scheme to support further capital investment by operators will allow them to build on this and complements the range of support and advisory services that are provided to the sector by Bord Iascaigh Mhara (BIM) under our Seafood Development Programme, particularly in the areas of innovation, new product development and capacity building. With its enhanced grant rate for measures to reduce emissions and improve energy efficiency, this scheme also plays an important role in supporting the sector to improve both its economic and environmental sustainability.”
This new scheme will be administered by BIM, on behalf of the Department, and will open on Friday, 1 August. Those interested in applying for support under this scheme have until 30 October to submit their applications. All details are available on www.bim.ie
Notes to Editor
For information in relation to the European Maritime, Fisheries and Aquaculture Fund 2021-2027 (EMFAF) please visit: European Maritime, Fisheries and Aquaculture Fund - EU Funds.
For information on EMFAF supported schemes administered by Bord Iascaigh Mhara, please visit: BIM - Supporting the Irish Seafood Industry