The Scheme will:
- Actively support and incentivise companies to combine operations and build collective sales under a single market-facing structure
- Provide funding on a performance related basis to drive growth and efficiency
- Seek to deliver efficiencies and savings along the full value chain
- Discourage industry fragmentation where raw material supplies are constrained
- Collectives of Seafood Enterprises
- Collectives of Seafood Enterprises including non-SME
- Seafood Enterprise and Food Enterprise with an establishment license
- Seafood Enterprise and Food Enterprise with an establishment license including non-SME
- BIM and other public bodies
- Applicants/Beneficiaries may only have one active project under this Scheme. BIM will not accept a new project application from a beneficiary under the Seafood Scaling and New Market Investment Scheme while previously approved projects are outstanding.
‘Collective’ is defined, for the purposes of this measure, as two or more seafood enterprises, or a seafood enterprise working with an established food enterprise, working together under the framework of a formal written signed agreement and business plan, and which in the opinion of BIM are unrelated enterprises, pursuing a project for the collective benefit of the members of the Collective.
To be accepted as a Collective, the applicants must demonstrate to the satisfaction of the Project Approvals Board that each member of the Collective is contributing to the resources of the project, and is actively participating in the planning and conduct of the project.
‘Co-Operative’ means an enterprise registered as a co-operative under the Industrial and Provident Societies Acts 1893-1978
- Industry projects aimed at solving Route to Market (RTM) inefficiencies and scale problems within the industry. The scheme will also support industry Collectives to work together in the development of new markets
- Public projects which are beyond the scope or capability of industry to implement. Including projects which deal with key issues identified in the main commercial seafood categories such as: Salmon, Pelagic, Whitefish, Prawns, Crab and Mussels.
Eligible Costs for Public Projects:
- Commissioning of (macro-market) intelligence reports to highlight new market opportunities, collectively for the common good of the sector
- Projects and mentoring programmes which support best practices, financial transparency, management reporting and understanding of processes relating to scaling and new market development
Eligible Costs for Industry and Public Projects:
- Third party professional costs for the following activities:
- Legal advice on drawing up of joint venture contracts
- Business planning costs in relation to joint ventures, scaling of operations and accessing new markets.
- Market Development costs
- Micro-market business plans and market intelligence studies
- In-market development costs including travel and subsistence, office rental
- Attendance/stand rental at trade shows (only those not supported by other development agencies).
- Third party Route to Market (RTM) development costs including:
- Supply chain logistic and traceability modelling including new business models, e-trading structures and (CRM) Customer Relationship Management.
- Promotion of commercial brands
- Operational activities/costs of individual industry collective members (industry projects)
- Capital costs (equipment/buildings etc.)
- BIM Service Projects: 100% funded
- For Industry projects the maximum eligible grant in 2017 is €60,000 or 50% of eligible spend, whichever is the lesser per project. In 2018 and onwards the maximum grant will be €120,000. Grant support will be made up of two elements: direct aid for Market Investment and incentives based on Market Performance (see Guidelines for details)
- Public projects: up to 100% capped at €300,000 per project, per year
- The actual amount of grant aid and grant rate is at the discretion of the Board
How to apply
- Save the Seafood Scaling & New Market Development Scheme Application Form (pdf 846Kb) application form to your computer
- Launch the form from your computer location and complete the form saving the changes
- Email the completed form to firstname.lastname@example.org
- then post the signed application to us, including:
- Quotes corresponding to expenditure
- Copy of collective business plan
Post to: BIM Business Development and Innovation Division, Crofton Rd., Dun Laoghaire, Co. Dublin
How long does the process take?
On receipt of the application, approval can take up to six weeks but may take longer should supporting documentation additional to the application be required.
In order to be considered for aid under the scheme, the following criteria will apply:
- Premises must be approved by the SFPA under Regulation (EC) No. 853/2004 (PDF (988Kb)
- Any monies owing to the Department of Agriculture, Fisheries and Food must be paid in full
- Projects must be consistent with the EMFF Operational Programme 2014-2020
- For full details of grant criteria check your application form