EMFF investment projects

Provide aid for investment projects in aquaculture and in ways to process fishery and aquaculture products.

Aquaculture companies, in the case of aquaculture investment projects.

SME[1] operators engaged in the processing of fishery and aquaculture products (excluding sole proprietors), in the case of investment projects in ways to process fishery and aquaculture products.

Continuous call throughout the year.

All year round/until EMFF funds exhausted.

Partially repayable grants.

Fixed interest rate: One-year Euribor.

Aid of up to 85% of the budget.

Repayment period of ten years including a grace period of two to three years.

Non-repayable amount up to 33% of the aid.

Co-financed by the EMFF (European Maritime and Fisheries Fund, 2014–2020).

Co-financed by the EMFAF (European Maritime, Fisheries and Aquaculture Fund, 2021–2027).

The CDTI may require guarantees for the repayment of the aid when the economic-financial analysis of the company so indicates.

Where appropriate, the CDTI may apply a reduction or exemption to the guarantees requested.

No.

Staff dedicated to the project.

Acquisition of new fixed assets.

Materials, supplies and similar products directly arising from the investment project.

External public and private collaborations.

Audit costs attributable to the project.

Project management and coordination.

Indirect costs.

The investments and expenses must be formalised after the date on which the application for project funding is submitted.

The minimum eligible budget is €175,000.

Projects will last up to 18 months.

External partnerships may not exceed 65% of the overall eligible budget.

Temporary maintenance of the funded investments.