Malin Head Fishermen’s Co-Op to receive share of €697,074 investment

first_imgDonegal based Malin Head Fishermen’s Co-Op is one of 47 FLAG North projects to receive a share in the €697,074 investment under Fisheries Local Area Action Group (FLAG) Strategy.Bord Iascaigh Mhara announced details of the investment.Jim O’Toole, CEO of BIM said that the FLAG Programme would continue “to promote sustainable growth in the local economies of Irish coastal towns and villages and provide a significant boost to these important communities.” He added that, “by 2020, the FLAG Programme will have invested up to €12 million in Ireland’s coastal communities, providing jobs, and exciting opportunities to men and women who live along Ireland’s coastline.”More than 400 applications have been made to the FLAG programme this year. All applications were reviewed by individual FLAG Boards in each of the seven FLAG regions throughout Ireland.Projects must be able to demonstrate a clear link to coastal community rejuvenation, enterprise, innovation, job creation and skills enhancement across the fishing, aquaculture and maritime industries.Malin Head Fishermen’s Co-Op is one of 47 FLAG North based coastal projects that successfully applied for FLAG funding this year, and features in a new BIM video campaign to raise awareness of FLAG. FLAG funding has allowed Malin Head Co-Op, which was founded in 1991, to invest in holding tanks for lobster and crab for their fishermen.The Co-Op has also embraced BIM’s lobster v-notching scheme, an initiative that encourages fishermen to v-notch female lobsters allowing for easier identification and subsequent return to sea to breed. 31,000 lobsters were v notched in 2017, 3,500 of which were done by Malin Head Co-Op.The FLAG programme is co funded by the Irish Government and the European Maritime and Fisheries Fund (EMFF).BIM, Ireland’s Seafood Development Agency, administers the programme which will deliver a total of €12 million in funding to Ireland’s coastal communities over the 2014-2020 period.Malin Head Fishermen’s Co-Op to receive share of €697,074 investment was last modified: July 24th, 2018 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:donegalfundingMalin Head Fishermen’s Co-Oplast_img read more