UK - The Marine Management Organisation (MMO) has launched the government’s new £10 million Fisheries Response Fund for England’s fishing and aquaculture businesses
The Marine Management Organisation (MMO) has launched the government’s new £10m Fisheries Response Fund for England’s fishing and aquaculture businesses.
From Monday 20 April 2020 eligible fishing vessel owners will be contacted directly, by email, in stages. Further information for Aquaculture businesses will be provided from next week.
The Fisheries Response Fund (FRF) will directly contribute towards the fixed business costs of over 1000 catching and aquaculture businesses that have been adversely impacted by the downturn of export and domestic markets for fish and shellfish.
Tom McCormack, Chief Executive of the Marine Management Organisation, said:
“We’ve continued to stay closely engaged with the fishing industry and are very much aware of the difficulties many fishing businesses have been facing with the downturn in markets for fish and shellfish. We absolutely acknowledge the importance of our fishing industries and share concerns about these current impacts – it is our problem too.