STATUS

Closed

DUE DATE

7 November 2022

NEXT CALL

-

Brexit Fisheries Cooperatives Transition Scheme

This scheme aims to mitigate the adverse economic and social consequences of the withdrawal of the United Kingdom from the European Union on Fisheries Cooperatives that are primarily focused on Trade and Cooperation Agreement (TCA) quota stocks (hereinafter ‘the cooperatives’).

The scheme aims to provide short-term aid to offset the reductions in turnover experienced by the cooperatives directly due to reductions in raw material arising from the TCA-induced quota transfers. The support is design to stabilise cashflow in the short-term, allowing the cooperatives to re-configure and re-structure their businesses in the longer-term to adapt to the changed trading environment under the TCA.

Who is Eligible Who is Eligible

This scheme is open to Fisheries Co-operatives, registered with the Registrar of Friendly Societies, whose premises are approved by the Sea-Fisheries Protection Authority under Regulation (EC) No 853 / 2004, and that are primarily focused on TCA quota stocks and are reliant on the commission earned from landings of their members’ vessels for revenue. For the purposes of this scheme a co-operative is considered to be primarily focused on TCA quota stocks if the total of its members landings is comprised of 75% or more TCA quota stocks.

What is Funded What is Funded

The payments under the scheme will be calculated based on the reduction in fish sales for the Co-operative’s boats for the first nine months in 2021 compared to the same period in 2019.

Amounts Granted Amounts Granted

The payment will be based on 7.5% (Co-op Commission taken from landings) of the reduction in fish sales (i.e. turnover) for the Co-operative’s boats compared to 2019.

 

How to Apply How to Apply

1

Electronic Application

Apply online on Grant Electronics Management System 

 

Warning: This application form is not compatible with mobile devices. For best results please use desktop/laptop when completing this form.

For technical queries in relation to BIM’s Grants Electronic Management System (GEMS) please contact the grants helpdesk using this form.

Resources:

 

 

2

Required Documentation

You will be required to upload scanned copies of the following documents, in PDF or image format:

 

It is the applicant’s responsibility to ensure that all required documentation is provided.

Delays caused by failure to do so may result in:

  • significant delays in payment of a grant
  • failure to qualify for approval under the Scheme.

 

For more information, please email cooperatives.transition@bim.ie