Marine Minister Charlie McConalogue has announced €4.9 million in new investment by nine seafood processing companies, with his department’s European Maritime and Fisheries Fund (EMFF) programme providing over €1 million in grants.
Announcing the grants, Minister McConalogue said: “I am very pleased to support these nine seafood enterprises to further grow their business.
“These are particularly challenging times with both Covid and Brexit impacting on markets and the ongoing capital investment by our seafood sector is evidence of its resilience and its optimism for future growth prospects.”
The minister added: “My department’s European Maritime and Fisheries Fund programme has provided in excess of €230 million over the past seven years to support the sustainable growth of our seafood sector.
“A new Seafood Development Programme for the 2021-27 period is presently being drafted and I expect it to commence later this year.”
The €1,011,184 in grants are co-funded by the Government of Ireland and the European Union and are subject to terms and conditions.
Under the Seafood Processing Capital Investment Scheme, Good Fish Processing Ltd in Cork receives €42,228 towards information systems, for a total investment of €140,759.
Also in Cork, the Castletownbere Fishermens Co-operative Society has been granted €257,747 (total investment €859,157) for a spiral freezer, deheading machine and associated works.
And Senahoek Trading Ltd gets €448,364 (total investment €2,989,091) towards construction of a factory including cold store.
Howth, Co Dublin fishmongers Nicky’s Plaice Ltd will get €9,900 (total investment €41,000) towards an ice machine and pin boner, while Kerry Fish (Ire) Unlimited Company receives €185,775 (total investment €723,746) for reconfiguration of its ‘high care’ department and the purchase of an automated smoked salmon slicing line.
Elsewhere, Dundalk Bay Seafoods Ltd in Co Louth receives €19,410 (total €64,700) for investment in an efficient and environmentally friendly retail production line.
Under the Seafood Innovation & Business Planning Scheme, Goatsbridge Fish Processors Ltd in Kilkenny will receive €19,500 (total investment €39,000) for strategic advisory services enhancing financial planning and company structure in Ireland and the UK, while Sofrimar Unlimited Company in Wexford gets €28,260 (total investment €56,520) for trials and rental of equipment for converting waste products to powder for use in horticulture.