Seafood Processor Grants
Seafood Processor Grants - Round 1 closed on 10 September 2021.
The Tasmanian Seafood Processor Grants program has now awarded grants to the Tasmanian seafood processing sector worth more than $740,000. Ten successful businesses have been granted between $44,500 and $80,000 each to encompass value-adding and diversification.
The projects supported in this first round include:
- high-grade freezing for product quality and diversification
- business diversification to local sales and marketing
- innovative high-grade abalone processing facilities
- holding, processing, and packaging of rock lobster
The Tasmanian Government committed $1 million each year for two years for a Wild Fisheries Action Plan to support the seafood sector. Seafood processors have been particularly hard hit by COVID-19, ongoing access restrictions to key export markets, and limitations in the chain of supply.
Under the Action Plan, the Seafood Processor Grants program has been developed to support Tasmanian seafood processors to innovate and invest in new infrastructure, to supply products to emerging and established markets.
With the support of these grants, it is anticipated that Tasmanian seafood processors will be able to realign business operations to meet future processing needs associated with the impacts of COVID-19 and associated market disruptions. Innovation by Tasmanian seafood processors is key to securing stable market access, which will underpin a strong and resilient wild-caught seafood sector.