Seafood Innovation and Business Planning Scheme

Apply for support with innovation and new product development.

Who’s eligible?

  • Individual Seafood Processing SMEs
  • Collectives of Seafood Processing SMEs
  • SME enterprises planning to enter the seafood processing industry
  • Public Bodies

What’s funded?

Industry projects with the objective of developing new value added products/ processes or the certification of products beyond legislative requirements (e.g. BRC).

Public projects with the objective of developing new value added products/processes and technologies including facilitating innovation and knowledge transfer between industry and research institutions.

Industry and Public projects with the objective of enabling seafood SMEs to develop a structured business approach to seafood innovation and assist in Business Planning, Gap Analysis and Mentoring to Seafood SMEs.

Funding includes third party professional costs relating to:

  • Innovation advisory services
  • Activities directly related to the production development process
  • Technical development of packaging
  • Product testing and validation
  • Consumer/ user testing
  • Piloting through to final product approval
  • Rental costs
  • Business planning and project feasibility
  • Project activities directly related to defining the business opportunity
  • Industry Quality Standard costs beyond legislative requirements.
  • Please see your application form for full information on eligible expenditure.

Ineligible expenditure includes costs relating to:

  • Rental of machinery other than from an establishment whose core business is the supply/rental of said equipment
  • Non third party costs, e.g. operational costs of the business
  • Brand design promotion.
  • Trial product and logistics costs (exceeding 10% of the overall approved expenditure)
  • The cost of existing product, stock or raw material used as part of the project
  • Energy, maintenance and operational costs
  • Travel and subsistence costs.

Amounts granted

BIM service projects: 100% funded

Public projects: up to 100% capped at €1,000,000 per project

Industry projects: up to 50% capped at €20,000 per project, per year

Collective industry projects:

No. of Members in the Industry Collective

Maximum Grant Aid Receivable per project per year

2 members collective

€40,000

3 members collective

€60,000

4 members collective

€80,000

4+ members collective

€80,000

Note:  The actual amount of grant and grant rate awarded is at the discretion of the Board.

How to apply

  1. Save the Seafood Innovation Scheme Application Form (pdf 1,077Kb) to your computer
  2. Launch the form from your computer location and complete the form saving the changes
  3. Email the completed form to innovationscheme@bim.ie
  4. then post your application to us, including:

    - Signed copy of the form
    - Quotes corresponding to proposed expenditure
    - Most recent set of audited accounts
    - Company business plan/strategy

     Post to: BIM Business Development and Innovation Division, Clogheen Rd., Clonakilty, Co. Cork

How long does the process take?

On receipt of the application, approval can take up to six weeks but may take longer should supporting documentation additional to the application be required.

Key Dates

First Call Closing Date 27th January

Second Call Closing Date 24th March

Third Call Closing Date 26th May

Fourth Call Closing Date Noon on 30th November

Contact Us

To learn more about this grant, contact:

Paul Ward
Direct: +353 1 2144 215
Email: ward@bim.ie