€20m scheme approved for growing aquaculture sector

An Bord Iascaigh Mhara will be administering the scheme, and investment projects must be completed by October 2023 to qualify for funding.
€20m scheme approved for growing aquaculture sector

The scheme is proposed for funding under the Brexit Adjustment Reserve.

A €20m scheme has been approved for capital investments to accelerate the sustainable growth of Ireland's aquaculture sector.

This scheme aims to mitigate the adverse economic and social consequences of the withdrawal of the UK from the EU on seafood processors adversely affected by loss of raw material supply arising from the Trade and Cooperation Agreement quota reductions.

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