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UK Seafood Innovation Fund Launches for Second Round

Wednesday, 25 March 2020

New applications are being sought for innovative projects that can transform the future of UK seafood.

The Seafood Innovation Fund (SIF) is a three-year, £10 million research and development (R&D) fund, designed to boost innovation in the UK fishing and seafood industries.

The programme focuses on delivering longer term, cutting-edge innovation across the seafood sector, helping to take innovative ideas from early stage research to commercial viability. It will foster, encourage and financially support innovative technologies and methods to support more sustainable and productive fisheries and seafood production.

The programme has an overall budget of £10 million. There are two funding options for applicants; either smaller feasibility studies or larger, full R&D projects.

Feasibility studies are designed to test new ideas (proof of concept) and can be up to a maximum £50,000 over three months in duration. Applicants will be expected to apply for full R&D funding if a successful outcome is delivered at the end of the feasibility stage. Full R&D projects are for more developed ideas that can be delivered in up to a maximum of £250,000 over 18 months.

This is an open competition, with UK businesses from all sectors invited to apply. Applications for collaborative projects that include both seafood sector organisations and technology businesses are encouraged. The applicant’s products must benefit the sustainability and productivity of the seafood industry.

Fisheries Minister, George Eustice said:

'We want a profitable and sustainable fisheries industry that can take every advantage of the opportunities as we become an independent coastal state.

'Adopting new technologies and innovating will be key to ensuring a renaissance for an industry at the heart of so many coastal communities around the UK.'

The deadline for applications is 20 April 2020.

See the Useful links below for more information:

Dedicated Programme Website
Centre for Environment, Fisheries and Aquaculture Science (Cefas)
FAQs
News Article From: Kirklees 4 Business | Open 4 Business

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