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Displaying items by tag: Irish Seafood Processing companies

Sean Connick TD, Minister of State at the Department of Agriculture, Fisheries and Food today announced €1.13 million in grant-aid for Irish Seafood Processing companies under the Seafood Processing Business Development Scheme, and a further €623,620 for aquaculture companies under the Commercial Aquaculture Development Scheme. This represents a total investment of €1.75 million in 15 seafood processing and aquaculture projects.  Both schemes form part of the Seafood National Programme 2007-2013, funded under the National Development Plan 2007-2013. Development of both of these areas, seafood processing and aquaculture, are key elements in the recently published 2020 Food Harvest Report.

The Seafood Processing Business Development Scheme is aimed at SME’s who have solid business plans focused on adding value to Irish seafood products on both domestic and overseas markets. The qualifying projects all exemplify dynamic ideas in new product development and innovation.  Grant-assistance of up to 25% on capital expenditure required for the production of value added products and for improvements in processes and quality beyond legislative requirements is being provided.

The Commercial Aquaculture Development Scheme is aimed at assisting fish and shellfish farmers to invest in their businesses.  The approved projects are examples of companies that are looking to improve their efficiency through technology transfer and have a strong focus on quality, matched with the demands of the market. The measure provides for grant aid of up to 40% of eligible capital expenditure.

 

Company Name

Eligible Expenditure

Grant Approved €

 

Seafood Processing Business Investment Scheme 2010

 

Chillchiaran Eisc Teo.

46,860

11,715

Connemara Seafood Frozen Ltd.

184,000

46,000

De Brun Iasc Teo.

16,500

4,125

Earagail Eisc Teo.

517,000

129,250

Fastnet Mussels Ltd.

225,000

56,250

Keohane Seafood Ltd.

181,000

45,250

O Cathain Iasc Teo.

294,000

73,500

Sean Ward(Fish Exports) Ltd.

1,923,000

480,750

Sofrimar Ltd.

1,133,000

283,250

 

 

 

Total

4,520,360

1,130,090

 

 

 

Commercial Aquaculture Development Scheme

 

 

 

Sliogéisc na Rossan Teo.

299,400

119,760

Feirm Mara Oilean Acla Teo

280,000

112,000

IDAS Limited

73,630

29,452

Goatsbridge Trout Farm Limited

637,000

254,800

Fastnet Mussels Limited

29,500

11,800

Curraun Blue Limited

239,520

95,808

 

 

 

Total

1,559,050

623,620

Published in Fishing
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