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PROGRAMS

Gray Structure

Investments in aquaculture

Support institution: Rural Support Service (RSS)

Funding source: European Maritime, Fisheries and Aquaculture Fund (EMFAF)

Zvejas un akvakultūras apstrāde.jpg

Project submission:

Application closed at the moment

Objective:

Promoting sustainable aquaculture operations, in particular strengthening the competitiveness of aquaculture production, while ensuring that operations are ecologically sustainable in the long term.

Funding applicant:

  • Existing aquaculture company - enterprise, farm or fishing enterprise, which grows aquaculture products for sale >1 year.

  • New aquaculture company - enterprise, farm or fishing enterprise, which

    • plannning to grow aquaculture products for sale or

    • grow aquaculture products for sale <1 year.

Eligible actions:

Investments:

  • for increasing the volume of production of aquaculture products;

  • for increasing production efficiency;

  • for the diversification of species of aquaculture animals;

  • to ensure animal health and welfare;

  • for the protection of animals against wild animals;

  • for improving the quality of aquaculture products produced in the company or adding value;

  • for reducing environmental damage and ensuring sustainability.

Eligible costs:

  • Purchase and installation costs of new devices, machinery, equipment, IT and software.

  • Construction of new buildings and reconstruction of existing buildings (building for breeding and incubation of aquaculture animals or for product processing; hydrotechnical building; other building related to the purpose of the project).

  • General costs (incl. costs of expert-examination, construction supervision, author supervision etc.).

Amount and intensity of support:

Available public funding for support: EUR 7 million.

Micro, small or medium enterprise:

Eligible costs (EUR): 5,000,000

Intensity of aid: 60%

Amount of aid (EUR): 3,000,000

Large enterprise:

Eligible costs (EUR): 5,000,000

Intensity of aid: 50%

Amount of aid (EUR): 2,500,000

Aid intensity for existing aquaculture company:

  • for the purchase of tractor equipment - 40% of the eligible costs;

  • purchase of specialized equipment for restoration of ponds - 50% of eligible costs.

Implementation term:

  • 2 years from project application’s approval.

We offer:

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