Seafood Processing Capital Investment Scheme

Apply for grant assistance with capital investment projects that seek to: reduce energy costs; improve safety, health, quality, hygiene, and traceability; and add value through processing, presentation, and packaging.

Note: Beneficiaries may only have one active project under this Scheme. BIM will not accept a new project application from a beneficiary under the Seafood Capital Investment Scheme while previously approved projects are outstanding.

Who’s eligible?

  • Individual Seafood Processing SMEs
  • SME enterprises planning to enter the seafood processing industry

What’s funded?

Eligible costs will include capital investments:

  • contributing to energy saving or reducing the impact on the environment, including waste treatment
  • Improving safety, hygiene, health and working conditions
  • supporting the processing of catches of commercial fish that cannot be destined for human consumption
  • relating to the processing of by-products resulting from main processing activities
  • relating to the processing of organic aquaculture products
  • that lead to new or improved products or new or improved processes, or new or improved management and organisation systems.

 Please see your application form for full information on eligible expenditure.

 Ineligible Expenditure: Please see your application form for information on ineligible expenditure.

Amounts granted:

A maximum eligable cost of €3 million applies with grant rates of:

  • Up to 15% for primary processing and ancillary items
  • Up to 30% for secondary processing

Applicants may include a mix of both primary and secondary grant types.

Note: The actual amount of grant awarded will be at the discretion of the Board.

Contact your BIM Key Account Manager for further information.

How to apply:

  1. Save the BIM Seafood Capital Investment Scheme Application Form (pdf 1,023Kb)  application form to your computer
  2. Launch the form at your computer location and complete the form saving the changes
  3. Email the grant application to CapitalInvestscheme@bim.ie including: 
    1. completed application form 
    2. company business plan and other supporting documents

For further information please contact Tom Scanlon on 01 2144 285 or email scanlon@bim.ie

How long does the process take?

From application to approval under the programme usually takes up to six weeks but may take longer should supporting documentation additional to the application be required.

Criteria

  • In order to be considered for aid under the scheme, the following criteria will apply:
  • Any monies owing to the Department of Agriculture, Fisheries and Food must be paid in full
  • Premises must be approved by the SFPA under Regulation (EC) No. 853/2004. (PDF 988Kb)
  • Projects must be consistent with EMFF Operational Programme 2014-2020. 
  • For full details of grant criteria check your application form.

Key Dates

First Call Closing Date 27th January

Second Call Closing Date 24th March

Third Call Closing Date 26th May

Fourth Call Closing Date 18th August

How to Apply

1. Save the BIM Seafood Capital Investment Scheme Application Form (pdf 1,023Kb)  application form to your computer

2. Email completed application to CapitalInvestscheme@bim.ie including supporting documents

Contact Us

Tom Scanlon
Direct: +353 1 2144 285
Email scanlon@bim.ie