A new round of funding to support fishing businesses and wider marine organisations in coastal communities is open for applications.
Now in its second year, the Marine Fund Scotland has an overall budget of up to £14 million. It was introduced by the Scottish Government to replace the European Maritime and Fisheries Fund, which UK businesses no longer have access to following Brexit.
Marine Fund Scotland will support projects which contribute to innovative and sustainable marine sectors, reduce carbon emissions and support coastal communities. It will reflect Scotland’s Blue Economy Vision, which was published earlier this year.
Background
In 2022-23 the funding is made up of a competitive grant fund and funding for key strategic work, including projects delivering wider benefits for the marine sectors.
Marine Fund Scotland is designed to sit alongside, but is distinct from, other funds including the Nature Restoration Fund and the Scottish Marine Environmental Enhancement Fund (SMEEF).
Applicants to the Marine Fund Scotland will be asked, where relevant, to demonstrate that they understand the impact of their project on nature and biodiversity, and are taking appropriate steps to reduce or mitigate any negative impacts and enhance any positive impacts relative to their current position.
More information on the Marine Fund Scotland can be found here.