Financial Instrument "Support for Fisheries and Aquaculture"
Stage of the instrument:
Programme Maritime affairs, fisheries and aquacultures
View program-
Financial Instrument "Support for Fisheries and Aquaculture"
- Market consultations
- Preparation of the documentation
- Application of financial intermediaries
- Review and evaluation of offers
- Selected financial intermediaries
- Funding of final recipients
€6,18M
Instrument description
Indicative budget
EUR 6.18 million
Objectives of the instrument
The main objective of the financial instrument is to stimulate lending to final recipients under the PMFA by providing loans through selected financial intermediary, thereby addressing sector-specific difficulties (lack of access to finance, high interest rates) and helping to overcome problems such as lack of collateral, high credit risk, etc.
The target final recipients (FR) are micro, small and medium enterprises, large enterprises, registered small-scale coastal fishermen, fishermen's organizations and enterprises in the sector, municipalities and other public institutions. A combination of FI and grant is envisaged in a single operation to provide technical support. Grant is provided directly to FRs or for the benefit of FRs for the costs of preparing the project proposal, activities to promote FI, measures to increase the capacity of FRs, training, etc.
The financial instrument could also be combined with grant funding received under the PMFA as part of two separate operations.
Source of public funding
Programme Maritime, Fisheries and Aquacultures 2021-2027
Current stage of the instrument
Structuring and preparation of tender pack
Документи
- Source of public resource
- Programme Maritime affairs, fisheries and aquacultures ( 2021 - 2027 )
- Current stage of the instrument
- Documentation Preparation
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