Brexit Supports

Dáil Éireann Debate, Tuesday - 3 October 2023

Tuesday, 3 October 2023

Questions (510)

Pádraig Mac Lochlainn

Question:

510. Deputy Pádraig Mac Lochlainn asked the Minister for Agriculture, Food and the Marine if he will publish, in tabular form, a full breakdown of all funding allocated by his Department under the Brexit adjustment reserve processing capital support scheme, by applicant, project, funds applied for, funds allocated, application date, funds drawn down to date, funds outstanding, and deadline for payment; any rejected applications by applicant, project and funds applied for; and if he will make a statement on the matter. [42757/23]

Written answers

Minister for Agriculture, Food and the Marine

The Seafood Capital Processing Support Scheme, aimed at supporting industry-led transformative capital investments, has a budget of €45million.

Projects approved under schemes funded under the Brexit Adjustment Reserve (BAR) must be completed and paid before the end of 2023. To date 61 applications, with a total approved applications value of €33.4 million, have been approved under this Scheme. As the assessment of applications under this Scheme is ongoing, it would not be appropriate at this point to offer any further detail.

As with all BAR Schemes, the Seafood Capital Processing Support Scheme is administered by an Bord Iascaigh Mhara (BIM), under the oversight of my Department, and BIM publishes the list of beneficiaries under the Brexit Adjustment Reserve Fund once full scheme details online at BIM - The Brexit Adjustment Reserve Fund.