€540k for Donegal seafood companies

Earagail Eisc Teo (Errigal Seafood) factory at Meenaneary

Earagail Eisc Teo (Errigal Seafood) factory at Meenaneary

Four Donegal seafood processing companies are to receive grants totalling more than €540,000.

Deputy Joe McHugh TD, welcomes today’s announcement by the Minister for Agriculture, Food and the Marine, Simon Coveney TD, on the awarding of €2.4 million in grant aid to 20 seafood processing companies nationwide.

The Donegal grant allocations under the 2014 Seafood Processing Business Investment Scheme are as follows: Proseail An Clochan Liath Teo €175,80; Charles Vial (Fish Merchant) Ltd. €35,554; Earagail Eisc Teo €312,450 and Arctic Fish Ltd €16,953.

Deputy McHugh said: “This scheme plays a vital role in the fishing industry and ensuring the continued growth of a key sector in Ireland.”

The fact that four Donegal companies were awarded over half a million euro in total, he added, “highlights the important role that these processing companies, and the seafood industry in general have to play in a county like Donegal, where an emphasis has remained on our natural resources”.

He noted that the scheme, which hinges on match funding from private investment, “will total almost €8 million in 2014”.




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