Financial assistance is available within the aquaculture industry to promote projects and activities which would benefit the fisheries sector, and which would not otherwise be taken forward.
The overriding priority of this assistance is to ensure that investment under the aquaculture scheme encourages the sustainable development of the industry in both new and existing businesses. In addition investments should aim to:
Create new, or safeguard existing jobs.
Improve the health and welfare of the species being farmed.
Provide safe working conditions for employees.
Have minimal adverse effects on the environment.
Aid will be limited to enterprises with less that 750 staff or turnover of less than €200m. This includes both link and partnership enterprises.
Priority will be given to enterprises with less than 50 staff or a turnover of less than €10m. This includes both linked and partnership enterprises.
For more information see the European Fisheries Fund pages.