United Kingdom seafood sector to get another £30 million government boost & More Trending News


The UK government is releasing a further £30 million (€34 million/$36 million) in grant funding to boost the nation’s seafood infrastructure tasks following its exit from the European Union.

A £20 million (€23 million/$24 million) government funding has already been earmarked to modernize the nation’s seafood infrastructure tasks. The cash is a part of a £100 million (€115 million/$119 million) UK Seafood Fund, which was arrange in 2021 to assist the nation’s fisheries and seafood sector as it will possibly not draw from EU funding schemes following Brexit.

The fund is managed by the Department for Environment, Food and Rural Affairs (Defra).

For this second spherical of the UK Seafood Fund infrastructure scheme, which opened final week, companies can have till March 2025 to submit bids.

Companies that acquired funding in the course of the first spherical included Denholm Seafoods, which acquired £3 million (€3.4 million/$3.6 million) to set up new gear to improve its mackerel and herring manufacturing, and Mowi Scotland was awarded £2 million (€2.6 million/$2.4 million) for investments in gear that partly will pace up its processing strategies.

United Kingdom seafood sector to get another £30 million government boost

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United Kingdom seafood sector to get another £30 million government boost

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United Kingdom seafood sector to get another £30 million government boost

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