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New Marine Minister Announces €4.3M EMFF Grants To Seafood Processing & Aquaculture Sectors

28th May 2016
New Marine Minister Announces €4.3M EMFF Grants To Seafood Processing & Aquaculture Sectors

#Seafood - New Marine Minister Michael Creed yesterday (Friday 27 May) announced the award of €4.3 million in grants to 51 seafood enterprises under five schemes launched earlier this year under the European Maritime and Fisheries Fund (EMFF) Operational Programme for the seafood sector.

The grants are co-funded by the Exchequer and EMFF and subject to terms and conditions.

“The EMFF Seafood Development Operational Programme was only adopted in December 2015 and I am delighted that it has so quickly seen these significant investments in our seafood sector provided with the financial supports that will ensure that these critical investments can be implemented," said the minister.

"Collectively, these investments will deliver jobs to coastal communities, develop new value added seafood products, develop new markets and further sales for our seafood products, and develop knowledge and new processes in aquaculture production, disease management and animal husbandry.

"These investments will assist seafood enterprises to contribute to the ambitious growth targets we have set for our processing and aquaculture sectors. I expect to announce further grant offers under these schemes in the coming months."

The grant offers are made under five EMFF Schemes. For the processing sector, €3.4 million was awarded to 27 enterprises under the Seafood Capital Investment Scheme towards total investment of €19.4 million. These investments are projected to create 316 jobs by 2019 and additional sales of €77 million by 2019.

In addition, €157,000 was awarded to four enterprises under the Seafood Scaling and New Market Development Scheme towards total investment of €335,000 and €164,000 was awarded to eight enterprises under the Seafood Innovation and Business Planning Scheme towards total investment of €328,000.

For the aquaculture sector, €199,000 was awarded to four enterprises under the Knowledge Gateway Scheme towards total investment of €305,000, while €382,000 was awarded to eight enterprises under the Sustainable Aquaculture Scheme towards total investment of in excess of €1 million.

Further details of the schemes concerned are available at the BIM website HERE.

Published in Aquaculture, Fishing
MacDara Conroy

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MacDara Conroy

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MacDara Conroy is a contributor covering all things on the water, from boating and wildlife to science and business

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Irish Aquaculture - Information

Aquaculture is the farming of animals in the water and has been practised for centuries, with the monks farming fish in the middle ages. More recently the technology has progressed and the aquaculture sector is now producing in the region of 50 thousand tonnes annually and provides a valuable food product as well as much needed employment in many rural areas of Ireland.

A typical fish farm involves keeping fish in pens in the water column, caring for them and supplying them with food so they grow to market size. Or for shellfish, containing them in a specialised unit and allowing them to feed on natural plants and materials in the water column until they reach harvestable size. While farming fish has a lower carbon and water footprint to those of land animals, and a very efficient food fed to weight gain ratio compared to beef, pork or chicken, farming does require protein food sources and produces organic waste which is released into the surrounding waters. Finding sustainable food sources, and reducing the environmental impacts are key challenges facing the sector as it continues to grow.

Salmon is the most popular fish bought by Irish families. In Ireland, most of our salmon is farmed, and along with mussels and oysters, are the main farmed species in the country.

Aquaculture in Ireland

  • Fish and shellfish are farmed in 14 Irish coastal counties.
  • Irish SMEs and families grow salmon, oysters, mussels and other seafood
  • The sector is worth €150m at the farm gate – 80% in export earnings.
  • The industry sustains 1,833 direct jobs in remote rural areas – 80% in the west of Ireland
  • Every full-time job in aquaculture creates 2.27 other jobs locally (Teagasc 2015)
  • Ireland’s marine farms occupy 0.0004% of Ireland’s 17,500Km2 inshore area.
  • 83% of people in coastal areas support the development of fish farming
  • Aquaculture is a strong, sustainable and popular strategic asset for development and job creation (Foodwise 2025, National Strategic Plan, Seafood
  • Operational Programme 2020, FAO, European Commission, European Investment Bank, Harvesting Our Ocean Wealth, Silicon Republic, CEDRA)
    Ireland has led the world in organically certified farmed fish for over 30 years
  • Fish farm workers include people who have spent over two decades in the business to school-leavers intent on becoming third-generation farmers on their family sites.

At A Glance - Irish Aquaculture

  • Fish and shellfish are farmed in 14 Irish coastal counties
  • Salmon is the most popular fish bought by Irish families. 
  • In Ireland, most of our salmon is farmed, and along with mussels and oysters, are the main farmed species in the country.
  • The industry sustains 1,833 direct jobs in remote rural areas – 80% in the west of Ireland
  • Every full-time job in aquaculture creates 2.27 other jobs locally (Teagasc 2015)
  • Ireland’s marine farms occupy 0.0004% of Ireland’s 17,500Km2 inshore area.
  • 83% of people in coastal areas support the development of fish farming

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