Schemes

Schemes for Commercial Fishing

Fishing Vessels (Financial Assistance) Scheme 2003

An eligible purchaser (or purchasers) who requires assistance to purchase - or build - a fishing boat and licence may apply for a grant and loan, if the conditions are met.

• A first-time applicant can apply for 40% grant and 40% loan.
• A subsequent application can attract a 30% grant and 40% loan.
• A young fisherman can apply for an extra 10% grant towards a vessel and licence.

Assistance can also be given towards the planned replacement of a winch or engine, the modernisation of a fishing vessel or towards the purchase of safety equipment

For further information or application form, contact Fisheries Division

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