We provide grant aid right across the seafood industry.
The European Maritime, Fisheries and Aquaculture Fund (EMFAF) 2021-2027 is the primary funding programme for the seafood sector. It is co-funded by the Government of Ireland and the EU.
Read more about the European Maritime, Fisheries and Aquaculture Fund here
If a vessel that has received grant aid from BIM is sold during the 5-year control period after the payment of the grant, the unamortised grant amount must be repaid. The amount of grant repayable will be determined pro-rata temporis (monthly) from the date of the change of ownership of the vessel. For example if a vessel received a grant of €10,000 and is being sold two years into the five year control period, the amount to be repaid is €6,000.
If you require further clarification please contact your grant administrator at BIM.
