EU cash boosts isles’ seafood industry

Thirteen seafood companies in Shetland have netted just over GBP 750,000 (USD 1.2 million, EUR 921,110) in grant funding from Europe.

Salmon farming trades body Shetland Aquaculture is to receive the largest share of just over GBP 300,000 (USD 487,927, EUR 386,446) to help develop alternative ways to control sea lice in farmed salmon.

This latest round of grants brings the total amount secured by local businesses through the European Fisheries Fund to GBP 8.4 million (USD 13.6 million, EUR 10.3 million) since February 2009.

On Wednesday, the Scottish government announced funding for 16 projects for the northern isles, 13 of which are based in Shetland.

Seven of these are small grants ranging from GBP 800 (USD 1,301, EUR 982) to GBP 39,500 (USD 64,246, EUR 48,510) to local fishing boats to upgrade their vessels.

Click here to read the full story from Shetland News >

Subscribe

Want seafood news sent to your inbox?

  Subscribe to SeafoodSource News

None