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Opening of the 2014 call for financing commercialization, improvement and innovation projects in the Fishing and Aquaculture industry

Opening of the 2014 call for financing commercialization, improvement and innovation projects in the Fishing and Aquaculture industry

01/09/2014 - Madrid
Press release SEPIDES

The Ministry of Agriculture, Food and the Environment, through the General Secretariat of Fisheries calls for fishing and aquaculture companies to submit proposals for the fourth call of the Fund for Supporting the Diversification of the Fishing and Aquaculture Industry authorized by the Government.

The Fund for Supporting the Diversification of the Fishing and Aquaculture Industry has a total budget of 21 M€. In this fourth call, corresponding to the year 2014, it will have at its disposal 4 M€. The money earmarked for the Fund is provided by the Ministry of Agriculture, Food and the Environment from the State General Budget, and seeks to provide financial support to entrepreneurial initiatives for diversifying the fishing and aquaculture activity which entail their technological development.

2014 call

Those interested will be able to find all the required information for submitting their projects on the website http://www.sepides.es/fonpesca, which includes the outline for the Business Plan, the outline for the Explanatory Report, and the Request Form, as well as all the other documentation which must be submitted and further information.

The beneficiaries from this Fund will be companies from the industry which submit diversification, reorganization, commercialization, improvement or technological innovation projects, linked to the fishing and aquaculture activity.

The financing can be applied to investments in non-current assets (productive equipment, specific productive facilities, activation of expenses on technological development through R&D, etc) and to the temporary coverage of working assets requirements.

The line of finance to be used in this fourth call will be the granting of common loans. The sinking installments will not exceed September 30th, 2017.

The term for submitting the proposals for the 2014 call begins today, September 1st, and will close on October 15th.

The management of the Fund has been entrusted to SEPI Desarrollo Empresarial (SEPIDES), as a result of the Collaboration Agreement concluded between the Ministry of the Environment and the Fishing Industry and SEPIDES in December 2007.

In order to make known the new call, the Fund will organize an information day on September 9th, 2014 at 11:00 am at the following:

Head offices of ANFACO-CECOPESCA

Carretera del Colegio Universitario, 16

Vigo (Pontevedra)

Grupo SEPI

SEPIDES belongs to Grupo SEPI, a corporate holding which includes a total of 16 state-owned companies in which it has direct, majority shareholding participations, with a final workforce of more than 74,000 professionals in 2013; the Spanish state-owned television and radio corporation, Corporación Radiotelevisión Española, which is attached to SEPI, and one public foundation. Equally, SEPI has direct minority shareholdings in a further nine companies, and indirect shareholdings in more than one hundred companies.

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