£20 million was awarded to modernize and improve infrastructure across the seafood sector, with a further £30 million available from today.
The UK has a thriving seafood sector with exports of salmon – one of the UK's most important exports – worth around £600 million annually and other abundant fish stocks such as Cornish sardines in demand on the continent for their quality.
Funding to expand processing facilities for popular British fish like Scottish salmon, mackerel and herring are some of the projects which will modernize infrastructure across the UK seafood sector following a £20 million Government investment.
The UK Seafood Fund is a landmark government investment supporting the long-term future and sustainability of the UK fishing and seafood industry, with the infrastructure strand of the Fund helping to pay for upgrades to ports, processing and aquaculture facilities so they can meet future demand whilst also boosting jobs and economic growth.
The infrastructure scheme also supports businesses to become more environmentally sustainable, with successful bidders in Round 1 investing in greener technologies to reduce greenhouse gas emissions and adapting to more reusable materials.
