Support for investments in the processing of fishery and aquaculture products for the period 2021–2027

Support for the production of new products, increasing resource efficiency, and the introduction of renewable energy in the processing of fishery and aquaculture products.

AgencyPRIA
RegionEU
CountryEE
Legal formCompany, NGO, Other
Start date1 Jan 2025
End date31 Dec 2025
Max fundingSole proprietor, company, or producer organization: up to 1,000,000 euros or the equity size according to the applicant's latest approved annual report or the average turnover in the processing of fishery and aquaculture products according to the last three approved annual reports., Union of producer organizations: up to 4,000,000 euros or the average turnover in the processing of fishery and aquaculture products according to the last three approved annual reports.
Coverage

Sole proprietor or company: up to 50% of eligible costs.

Recognized producer organization or union of producer organizations: up to 75% of eligible costs.

For solar energy production equipment: up to 50% of eligible costs, calculated based on unit prices.

Grant application conditions

Applicant requirements
  • The applicant's national tax debt, including interest, is less than 100 euros, or the tax debt payment is deferred and the prescribed amounts have been paid.
  • The applicant is not undergoing liquidation or bankruptcy proceedings and does not have a valid warning for deletion from the business register.
  • The applicant has not received support for the same expense from other state budgetary or European Union funds.
  • The applicant has returned previous repayable supports or paid them in the prescribed amount.
  • The applicant has complied with European Commission orders for the repayment of illegal aid.
  • The applicant does not have a valid penalty for certain economic and financial crimes.
  • The applicant is not an undertaking in difficulty according to state aid guidelines.
Definition of an undertaking in difficulty
  • A limited liability company that has lost more than half of its share or equity capital due to accumulated losses.
  • An undertaking for which insolvency proceedings have been initiated or which meets the criteria for insolvency proceedings.
  • An undertaking whose financial leverage has been greater than 7.5 in the last two years and whose EBITDA ratio to interest coverage is below 1.0.