Grants boost for two Donegal aquaculture companies

first_imgTwo Donegal aquaculture companies have been given government grants to assist in  €134,000 worth of investment, it has been confirmed.Trabay Limited in Lettermacaward is to receive €33,830 towards a total investment of €83k in oyster handling machinery.Ocean Farms Limited in Inver is to to receive €25,805 Government grant towards a €51,610 investment in research. Minister Joe McHugh said: “I want to thank Minister Michael Creed for this very welcome grant aid today to two important Donegal companies.“It is part of a €240M investment over six years in the industry nationally.”Minister Creed said: “I welcome the continued and increasing level of capital investment in our aquaculture sector which will underpin our ambitions to significantly grow our production in the coming years.“I am delighted also to see recent efforts by my Department and BIM to encourage our third level institutions to become involved in the research agenda for the sector coming to fruition with three of our best third level institutions receiving approval for applied research to assist our sector in innovating and developing new technical knowledge to support the sustainable growth of the sector, together with two further industry research projects.” Grants boost for two Donegal aquaculture companies was last modified: September 5th, 2017 by Chris McNultyShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Read More