With the Marine Fund Scotland (MFS) fully committed for 2022-23 and taking no further applications for the period, around £13m in grant funding has been awarded in the second year of its operation.   

The MFS, which aims to deliver on Scotland’s “Blue Economy Vision” (published earlier in 2022), replaces the funding that was previously available to Scotland’s fishing and marine organisations through the European Maritime and Fisheries Fund (EMFF).

Under the MFS, grant funding of between £7k and £1.2m will be delivered to around 60 projects involving Scotland’s coastal communities and marine businesses (including projects focusing on the modernisation of seafood processing plants, and carbon reduction).  The MFS aims to deliver funding to those projects with a focus on contributing towards an innovative and sustainable marine economy. 

For more detail on the MFS, and for information on the beneficiaries of the MFS, visit: https://www.gov.scot/news/support-for-marine-and-fishing-businesses/