Fisheries Response Fund – support for fishing and aquaculture businesses
On 17 April 2020 a £10 million financial assistance fund for England’s fishing and aquaculture businesses in response to Covid-19 was announced.
Two funds, both of which will be administered by the Marine Management Organisation (MMO) will target those most in need. The first fund of £9 million, the Fisheries Response Fund (FRF), will directly contribute towards the fixed business costs of over 1000 catching and aquaculture businesses that have been adversely impacted by the downturn of export and domestic markets for fish and shellfish.
Fishing vessel owners that qualify for this assistance will be contacted directly in stages by MMO from Monday 20 April 2020.
Further information for aquaculture businesses will be provided from next week.
The second fund will be a grant scheme to support the sale of fish locally. The MMO will administer applications for this scheme and will provide further details from next week.
For more information please click here.