This scheme will compensate owners of RSW pelagic vessels and polyvalent Tier 1 and Tier 2 vessels that have suffered losses of mackerel quota over the period 2021-2023 as a result of the quota transfers to the EU under Brexit.
Who is Eligible This scheme will support owners of vessel in the RSW pelagic segment, Polyvalent Tier 1 and Tier 2 vessels with an authorisation to fish for mackerel in 2021 and 2022.
Amounts Granted Scheme payments will be based on the equivalent average loss of revenue for one month’s fishing opportunity per vessel class per annum in 2021 and 2022, less variable costs of fuel and provisions reduced as arising from decreased fishing activity. This has been calculated as follows.
| RSW | No. of Vessels | Average Monthly Turnover per Vessel Less Cost of Fuel and Provisions | Payment per Vessel |
| “10” Ratio | 8 | €592,000 | €1,184,000 |
| “7” Ratio | 9 | €414,000 | €828,000 |
| “5” Ratio | 6 | €350,000 | €700,000 |
| Tier Boats | |||
| Tier 1 | 15 | €99,000 | €198,000 |
| Tier 2 | 12 | €59,000 | €118,000 |
The amount of liquidity aid will be reduced by the amount of temporary cessation support paid during the pelagic fishing season (November to March) in the period between 1 January 2021 and the date of receiving the payment for the liquidity aid. Support provided directly to crew as part of these schemes will not be deducted from the liquidity aid payable to vessel owners.
How to Apply Apply online on Grant Electronics Management System
Click here to download the Getting Started with the BIM online Grant system guide.
Watch BIM online grant registration process
Click here to download the official Scheme Implementation Plan
Click here to download the Scheme Description
Click here to download the Guidelines for Applicants
Click here to download the Scheme’s Letter of Offer, with Terms and Conditions
Click here to download a statement that an external accountant will need to complete
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