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€3.4m Investment in 15 Aquaculture Enterprises

1st July 2020
Local produce from Mulroy Bay Mussels. The County Donegal firm were awarded €75,900 in the Sustainable Aquaculture Scheme to invest in new handling equipment Local produce from Mulroy Bay Mussels. The County Donegal firm were awarded €75,900 in the Sustainable Aquaculture Scheme to invest in new handling equipment Photo: via Facebook

The Minister for Agriculture, Food and the Marine, Barry Cowen T.D. today announced €3.4 million in new investment by 15 aquaculture enterprises, with his Department’s European Maritime and Fisheries Fund Programme providing grants of €1,282,277.

Minister Cowen said, “I am delighted to announce the approval of a €3.4 million investment by 15 aquaculture enterprises with €1.3 million support from my Department’s EMFF Programme. The latest investments are aimed at boosting production at oyster, mussel and salmon sites around our coast. It is heartening to see this continuing confidence in the future by these ambitious aquaculture enterprises. While recent months were challenging for many aquaculture businesses, the overall trend has been one of growing world demand for our seafood products.”

As SMEs, most of the aquaculture businesses received grants of 40% towards the cost of their investments, with one non-SME receiving 30%, a new entrant to the sector receiving 50% and one investment in organic certification also receiving 50%. The grants are co-funded by the Government of Ireland and the European Union and are subject to terms and conditions.

Grant approvals - Sustainable Aquaculture Scheme

Beneficiary

Location

Project

Total Investment

EMFF Grant

Rate

Derrylea Holdings

Galway

Organic Certification of Farmed Atlantic Salmon

€7,500

€3,750

50%

Sliogéisc Inisheane Teoranta

Donegal

Capacity increase in oyster seed production

€28,723

€11,489

40%

Feirm Farriage Oileán Chliara Teoranta

Donegal

Phase 3: Installation of grid frames and construction of Aquaculture Workboat

€761,595

€228,478

30%

Glenn Hunter

Sligo

Construction of an oyster handling facility

€68,747

€34,373

50%

Ocean Farm Ltd

Donegal

Phase 3: Upgrade of salmon farm technology

€1,261,663

€504,665

40%

Skipper Shellfish Ltd

Kerry

Phase 2: Increase capacity of oyster farm

€25,876

€10,350

40%

Northern Bay Oyster Ltd

Donegal

Increase capacity of oyster farm

€29,670

€11,868

40%

Mulroy Bay Mussels Ltd

Donegal

Investment in new handling equipment

€75,900

€ 30,360

40%

Killary Fjord Shellfish Ltd

Galway

Upgrade of rope mussel farm to continuous longline system

€17,120

€6,848

40%

Woodstown Bay Shellfish Ltd

Waterford

Phase 2: Increase capacity of oyster farm

€606,815

€242,726

40%

Oceanic Organic Oysters Ltd

Donegal

Phase 2: Increase capacity on oyster farm

€183,145

€73,258

40%

Rosmoney Shellfish Ltd

Mayo

Increase capacity of oyster farm

€124,980

€49,992

40%

Seastream Ltd

Mayo

Purchase of smolt feeding system

€60,000

€24,000

40%

Rodeen Fish Farms Ltd

Cork

Phase 3: Introduction of continuous rope mussel system

€83,197

€33,278

40%

Seal Harbour Enterprises Ltd

Cork

Phase 3: Upgrade of rope mussel equipment

€ 42,100

€16,840

40%

Total:

 

 

€3,377,031

€1,282,277

 

Published in Aquaculture
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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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