widget/exchange-29
widget/exchange-30widget/exchange-33
widget/exchange-31
News /

EU funding boost for fishing

Whitefish boat Alison Kay was one of the eight Shetland businesses and projects to receive funding. Photo: ShetNews/Hans J Marter

FISHING and aquaculture projects in Shetland have benefited from new European funding to the tune of over £1.5 million.

A total of eight isles projects have received money from the first round of payouts from the European Maritime and Fisheries Fund.

Shetland Mussels got the biggest grant in Shetland, with the company given £592,000 for farm optimisation.

University of Highlands and Islands was granted £472,000 to go towards phase two of its shellfish hatchery stepping stone project.

Nearly £300,000 was given to A & C Tait to buy a mussel farm and seed handling vessel and equipment.

Other businesses to benefit in Sheltand were Venture Fishing Co Ltd, 60 North Fishing Limited and Oceanway Fishing Company Ltd.

Money was also granted to the Concord and Alison Kay vessels.

A total of £11.4 million was given out in Scotland through the fund, with a total of 65 projects benefiting.

offset-carousel/post-mobile/0

Rural economy secretary Fergus Ewing said the funding will be vital for many projects across Scotland.

“EU funding is a lifeline to many of our fragile coastal communities and helps to create and sustain jobs in the fishing sector,” he said.

“This funding package will provide crucial support for fishermen, sustainable aquaculture, the processing sector and the communities and jobs which depend on them.

“It will also benefit our renowned seafood by helping to promote Scottish produce on the world stage to premium markets.”

 

Shetland News — free to read

Membership helps pay for journalism

If you value impartial local journalism, become a member of Shetland News and get:

  • Only local ads.
  • Members' weekly newsletter.
  • Bookmark stories and join the comments.
 
Categories
widget/exchange-62widget/newsletter_form_widget-3widget/exchange-64widget/pd_widget-6widget/exchange-63widget/exchange-54widget/pd_widget-8widget/exchange-55widget/pd_widget-9widget/exchange-56

JavaScript Required

We're sorry, but Shetland News isn't fully functional without JavaScript enabled.
Head over to the help page for instructions on how to enable JavaScript on your browser.

Interested in Notifications?

Get notifications from Shetland News for important and breaking news.
You can unsubscribe at any time.

Interested in Notifications?

You can install the Shetland News app on your device, simply tap and then 'Add to Home Screen'.

Loading the app will allow you to accept notifications.

Shetland News — free to read

  • Only local ads.
  • Members' weekly newsletter.
  • Bookmark stories and join the comments.