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Minister Creed Announces €4.3 Million EMFF Grants to Seafood Processing and Aquaculture Sectors

Minister for Agriculture Food and the Marine, Michael Creed T.D. today announced the award of €4.3 million in grants to 51 seafood enterprises under 5 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.

Minister Creed said, “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.  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 5 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 4 enterprises under the Seafood Scaling and New Market Development Scheme towards total investment of €335,000 and €164,000 was awarded to 8 enterprises under the Seafood Innovation and Business Planning Scheme towards total investment of €328,000.

For the aquaculture sector, €199,000 was awarded to 4 enterprises under the Knowledge gateway Scheme towards total investment of €305,000, while €382,000 was awarded to 8 enterprises under the Sustainable Aquaculture Scheme towards total investment of in excess of €1 million.

Further details of the Schemes concerned are available at http://www.bim.ie/schemes.

 

Note to Editors

 

Seafood Processing Capital Investment Scheme

Beneficiary

County

Total Investment

Grant Approved

Shellfish De La Mer

Cork

€311,781

€77,945

CSI Seafood t/a Carr Shellfish

Cork

€80,000

€12,000

Castletownbere Fishermens Co-op

Cork

€921,166

€230,291

Keohane Seafood Ltd

Cork

€1,587,636

€300,000

Ballycotton Seafoods Ltd

Cork

€266,157

€66,539

Good Fish Processing (Carrigaline) Ltd.

Cork

€750,000

€187,500

Burren Smokehouse Ltd.

Clare

€142,675

€35,668

Rockabill Seafood Ltd

Dublin

€1,023,955

€255,988

H.J. Nolan Seafoods Dublin

Dublin

€461,630

€115,407

Dunns Seafare Ltd

Dublin

€667,330

€166,832

Kish Fish Ltd

Dublin

€124,400

€18,660

Errigal Bay

Donegal

1,933,284

€200,000

Atlanfish Ltd

Donegal

€105,000

€26,250

Island Seafoods Ltd

Donegal

€674,250

€101,137

Irish Fish Canners

Donegal

€62,400

€15,600

Fruits of the North Atlantic(Ireland) Ltd

Donegal

€145,600

€36,400

Dundalk Bay Seafoods Ltd

Louth

€49,500

€12,375

Seafood Processors Ltd t/a Morgans

Louth

€312,444

€78,111

Norfish Ltd

Donegal

€1,299,875

€194,981

Bio Atlantis Ltd

Kerry

€987,951

€246,987

Oilean Mara Teoranta T/A Irish Seaspray

Galway

€707,796

€176,949

Breizon Teo

Galway

€121,800

€18,270

Carr & Sons Seafood

Mayo

€598,767

€149,691

Connemara Seafoods Frozen Ltd

Mayo

€185,290

€46,322

Bio-Marine Ingredients Ireland Ltd

Monaghan

€3,857,000

€300,000

O Flaherty Brothers Ltd. T/A Saltees Fish

Wexford

€40,351

€6,052

Sofrimar Ltd

Wexford

1,674,334

€300,000

Goatsbridge Fish Processors

Kilkenny

€258,051

€64,512

Marine Health Foods Ltd

Wicklow

€95,500

€23,875

Total

 

19,445,923

3,464,349

 

 

Seafood Scaling & New Market Development Scheme

Beneficiary

County

Total  Investment

Grant Approved

Approved

 

 

 

Connemara Seafoods Frozen Ltd., Irish Seaspray, Iasc Mara Teo.

Mayo

85,750

42,875

Breizon Teo., Mullaghmore Seafarm Ltd., West Coast Crab Sales Ltd.

Galway

49,000

24,500

Jade Ireland Seafood Ltd.
(Sofrimar, Carr Shellfish Ireland, McBride Fishing Co. Ltd., Shellfish Ireland)

Wexford

120,550

50,000

Kish Fish Company Ltd., Thomas Mulloy Ltd.

Dublin

80,000

40,000

Total

 

335,300

157,375

 

Seafood Innovation & Business Planning Scheme

Beneficiary

County

Total Investment

Grant Approved

Approved

 

 

 

Castletownbere Fishermens Co-op Ltd

Cork

40,000

20,000

Keohane Seafoods Ltd

Cork

40,000

20,000

Shellfish Del La Mer Ltd

Cork

30,400

15,200

Kish Fish Company Ltd

Dublin

37,600

18,800

Connemara Seafood Frozen Ltd

Galway

36,696

18,348

Sofrimar Ltd

Wexford

40,000

20,000

Bio-Marine Ingredients Ireland - Collective (Island Seafoods)

Monaghan

80,000

40,000

Good Fish Processing Carrigaline Ltd

Cork

23,350

11,675

Total

 

328,046

164,023

 

 

Knowledge Gateway Scheme

Beneficiary

County

Total Investment

Grant approved

Saltspray Mussel Tech.Ltd.

Cork

22,868

11,434

Irish Mussel Seed Company Ltd

Wicklow

20,057

10,028

Clew Bay Oyster Co-op Soc.Ltd.

Mayo

173,250

129,937

Bord Na Mona

Offaly

57,763

28,881

 TOTAL

 

305,138

180,281

 

Sustainable Aquaculture Scheme

Beneficiary

 County

Total Investment

Grant approved

Caragh Clams Limited

Kerry

35,690

14,276

Lydon, Mr.Michael

Mayo

31,685

12,674

Iasc Sliogagh Dun Garbhain TA Dungarvan Shellfish Ltd

Waterford

253,231

101,292

Comhlucht Iascaireacht Fanad Teo.

Donegal

312,496

93,749

Sofi Shellfish Limited

Mayo

138,955

55,582

Diver, Mr. Derek

Donegal

226,510

90,604

Connemara Seafoods Limited.

Mayo

3,500

1,400

Sliogéisc Inisheane Teoranta

Donegal

32,843

13,137

 TOTAL

 

1,034,912

382,715

added 27.05.16

View Press Release as a PDF:  DAFMPR 51/2016 (pdf 711Kb) 

Date Released: 27 May 2016