Seafood Processing Capital Investment Scheme

The objectives of the Seafood Processing Capital Investment Scheme are to;

• Support the development of the processing sector by adding value to, and fully utilising raw material
• Support the development of operational optimisation in the processing sector
• Improve energy efficiency, reduce carbon emissions

Who is Eligible

This Scheme is available to applicants who are BOTH an onshore processing SME and have an SFPA approval number with activity code FFPP (Fresh Fishing Products Plant) or PP (Processing Plant).

Amounts Granted

The support rates under this scheme are:

• 50% for investments to add value to, or fully utilise raw material
• 30% for investments to optimise operations