The UK Seafood Fund is a £100 million fund set up to support the long-term future and sustainability of the UK fisheries and seafood sector. The fund is managed by the Department for Environment, Food and Rural Affairs (Defra).
The fund’s objectives are to:
- Reform and modernise infrastructure to level up and bring economic growth to coastal communities.
- Ensure the best science, research and technology are used in fisheries management.
- Encourage new entrants to the industry and upskill the existing workforce.
- Enable an environmentally sustainable fishing industry that gives the most value for money and reflects the long-term needs of the sector.
- Boost UK seafood exports to new and existing markets.
The UK Seafood Fund consists of a number of schemes that come under 3 areas of funding:
- Science and innovation
- Infrastructure
- Skills and training
- Exports support
See: UK Seafood Fund – GOV.UK (www.gov.uk)