Brexit Specific Scallop Fleet Transition Scheme

Who is Eligible

This scheme is restricted to owners of vessels in the specific scallop segment ranging in size from 22m to 28m who hold licences to fish only for scallop and who have a proven track record of fishing for scallop off the west and south coast of the UK. To be eligible for funding, vessel owner(s)/company must:

• Be considered an SME as defined in Annex 1 of Regulation (EU) 2022/2473 i.e.
  i. Have a headcount of less than 250 AND
  ii. Have turnover of less than €50m and/or an annual balance sheet total not exceeding €43m
• have suffered more than a 30% reduction in turnover over in 2021 compared to the period 2018-2020 as a direct result of Brexit.

Amounts Granted

Scheme payments will be calculated based on the number of days at sea lost multiplied by the average daily value of landings, calculated at €4,000 per day, up to a maximum of 20 days. A day at sea is defined as any continuous period of 24 hours (or part thereof) during which a vessel is present within an area and absent from port.

The average daily value of landing has been calculated by reference to official data on turnover of vessels in each of the length categories, using official DCF data derived from the National Seafood Survey. The payment is calculated on the basis of gross earnings averaged for the fleet segment over the period 2018-2020.

For more information, please email: brexitscallopft@bim.ie