EU Exit: Seafood Disruption Support Scheme now open
Fund will cover up to £100,000 of losses per business caused by delays related to the export of fresh or live fish and shellfish to the EU.
Seafood exporting businesses that have been affected by the challenges of adjusting to new requirements for exporting to the EU can apply for financial support from the UK Government through the Seafood Disruption Scheme.
The UK-wide scheme will provide up to £23 million of financial assistance to businesses that suffered a financial loss because of delays related to the export of fresh or live fish and shellfish to the EU during January 2021.
The fund will be paid retrospectively to cover losses incurred between 1-31 January 2021.
Qualifying businesses for the Seafood Disruption Support Scheme must be registered at Companies House or have evidence that they are a sole trader, partnership or other legal entity, and must meet the following conditions:
- having fewer than 250 employees
- an annual turnover of under £36 million
- less than £18m on their balance sheet
Applicants must be able to evidence the expected value of the consignment.
Shipments affected by export rules that prevent the movement of goods to the EU will be outside the scope of the scheme.
The call for applications closes on 28 February 2021 and, if successful, payments are expected to be issued during March.
Read more about the eligibility conditions in the full scheme guidance.