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Dublin, 1 August 2025 – Minister of State for Fisheries, Timmy Dooley TD, today announced the opening of the 2025 Seafood Processing Capital Investment Scheme, designed to support continued innovation and efficiency across Ireland’s seafood processing sector.
The scheme, which is administered by Bord Iascaigh Mhara (BIM) on behalf of the Department of Agriculture, Food and the Marine, provides targeted capital grant aid to enable processors to invest in:
- Product development and innovation
- Advanced production methods
- Energy efficiency improvements
Funded jointly by the Irish Government and the European Commission under the European Maritime, Fisheries and Aquaculture Fund (EMFAF), the initiative forms part of Ireland’s broader Seafood Development Programme.
Ministerial Remarks
Minister Dooley commended the sector’s resilience in adapting to recent challenges, stating:
“Seafood processors have shown exceptional commitment to sectoral growth, particularly in navigating post-Brexit realities. Supports provided under the Brexit Adjustment Reserve were instrumental in enabling transformational investment.”
He added:
“This new capital scheme builds on that progress, aligning with our advisory and innovation services under the Seafood Development Programme. Enhanced grant rates for emissions-reducing and energy-saving technologies will also strengthen the sector’s economic and environmental sustainability.”
Application Details
- Applications Open: Friday, 1 August 2025
- Deadline: Wednesday, 30 October 2025
- More Information: www.bim.ie
Applicants must meet eligibility requirements and demonstrate how proposed investments will contribute to long-term sectoral advancement.
