New support to funding the ambitions of young north-east fishers
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New entrants to fishing will be able to apply for funding towards the purchase of a second hand fishing vessel.
The support is being made available through Marine Fund Scotland (MFS), with young fishers under the age of 40 able to apply for up to 75 per cent of the purchase of an existing vessel with a registered length of up to 16 metres.
Funding of up to 50 per cent towards the cost of a vessel over 16 metres and up to 24 metres is also available.
MFS is the replacement to the European Maritime and Fisheries Fund (EMFF) following the UK’s exit from the EU.
The one-year £14 million fund was launched at the end of April and aims to provide investment in Scottish marine industries and seafood sectors.
Cabinet Secretary for Rural Affairs Mairi Gougeon said: “While we have previously supported young people through the European Maritime Fisheries Fund, Marine Fund Scotland puts more of an emphasis on getting new entrants into the industry and helping those who wish to progress their career and become a vessel owner.
“Doing what we can to remove barriers for young people in fishing is crucial so we can boost the resilience of the industry which supports jobs in some of our most rural communities.
"This is an important part of our Future Fisheries Management Strategy which includes actions to promote fishing as an attractive and safe career of choice.”
The project was welcomed by Duncan MacInnes from the Western Isles Fishermen’s Association.
He said: “We welcome this opportunity and vision shown by the Scottish Government in assisting younger new entrants into first time vessel ownership, as highlighted in the Future Fisheries Management Strategy.
“This funding will create an environment that will modernise the fleet and will create additional catching opportunities for career and business development for young fishermen living in fragile coastal communities throughout Scotland where alternative employment opportunities are limited.
“Providing funding to young vessels owners is paramount in the future survival of coastal communities that have suffered from depopulation in recent years.
Further information on eligibility for the young fishers scheme can be found on page 10 of the Marine Fund Scotland general guidance on the Scottish Government website at https://www.gov.scot/publications/marine-and-fisheries-scotland-marine-fund-scotland-application-guidance-notes/
