SPAIN - The Ministry of Agriculture has announced the opening of the fourth edition of the Support Fund for the Diversification of the Fisheries and Aquaculture Sector.
The Fund of Support to the Diversification of Sector Fisheries and Aquaculture has a budget of €21 million.
Those interested can find all the necessary information to present their projects on the website http://www.sepides.es/fonpesca, which includes the script of the Business Plan, the script of the Explanatory Memorandum and the Application Form and the rest of documentation that must be submitted.
The beneficiaries of this Fund will be companies from industry which submit projects of diversification, processing, marketing, improvement and technological innovation related to fisheries and aquaculture.
Funding may be used for investments in non-current assets (production equipment, specific production facilities, expenses activation technology development R & D + i, ...) and the temporal coverage of working capital requirements.
The line of credit to use in this fourth edition will be the awarding of regular loans. The repayment may not exceed 30 September 2017. The deadline for filing the notice of 2014 opened on 1 September and ends on 15 October.
TheFishSite News Desk