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25/09/2021

McConalogue announces €1 million capital grants to 13 aquaculture enterprises

McConalogue announces €1 million capital grants to 13 aquaculture enterprises

The Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, today announced the award of €1 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.  The grants are co-funded by the Government of Ireland and the European Union and are subject to terms and conditions.

Announcing the grants, Minister McConalogue said:  “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 to 57 aquaculture enterprises, supporting €10 million of investments in our aquaculture sector."

"With these latest awards, the €30 million allocated to the aquaculture sector in my Department’s EMFF Programme is now fully committed," he said.

"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."

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