Seafood Processing Capital Investment Scheme

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).

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
• A cap of €3 million in grant aid over the life of the scheme under the EMFAF Programme applies to any single beneficiary or company.

Eligible investments cover processing equipment to add value to, and fully utilise, raw material, and operational optimisation.