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Funding amounts will depend on the type of business proposed, geographical location, skills level required, and the potential employment level of the project.

Maximum support rates: 1. Industry Projects Maximum support rate 50% Maximum Support amount €200,000 2. Collective Projects Maximum support rate 75% Maximum Support amount €200,000 3. Public Projects Maximum support rate 100% Maximum Support amount €300,000

Funding amounts will depend on the type of business proposed, geographical location, skills level required, and the potential employment level of the project.

Project Type 1: Organic Aquaculture A maximum of €10,000 or 50% (30% for non-SMEs) of eligible expenditure, whichever is the lesser, per project per year. Projects Type 2: Biotoxin Harvesting Suspension A maximum of €100,000 or 50% (30% for non-SMEs) of eligible losses, whichever is the lesser, per beneficiary, subject to the maximum total aid to all farmers of €500,000 per year. Individual benefi ciaries will be limited to one aid payment over the period of the Programme. Projects Type 3: Capacity Building 1) New Aquaculture Farmers – Maximum Support Rate 50%, Maximum Support amount €500,000 2) SME Aquaculture Enterprises – Maximum Support Rate 40% Maximum Support amount €500,000 3) Non-SME Aquaculture Enterprises – Maximum Support Rate 30% Maximum Support amount €500,000

Two levels of grant aid will be offered to individual or group applications for: Solely vessels 12m or less and using non-towed gear • Individual applications – 70% • Group applications – 75% In certain circumstances, agreed in advance with the managing authority, these rates may be increased to a maximum of 80%. Vessels greater than 12m and less than 15m • Individual applications – 50% • Group applications – 60%

Funding amounts will depend on the type of business proposed, geographical location, skills level required, and the potential employment level of the project.