Fishing Investment Support (Investments on Board Fishing Vessels) 2025

Purchase and installation of energy efficiency-enhancing equipment on board the fishing vessel.

Modernization of engines or equipment on board the fishing vessel to reduce fuel consumption and environmental impact.

Updating navigation and safety systems on the fishing vessel in accordance with current requirements.

The project's contribution to reducing the ecological footprint.

The feasibility and cost-effectiveness of the investment.

The applicant's ability to successfully implement the project.

Support is not provided for increasing the size of fishing vessels, increasing fishing capacity, or increasing the number of fishing gear.

Support is not provided if the investment increases the fishing vessel's fishing capacity (increase in engine power or tonnage).

The support recipient must submit payment requests along with the necessary expense documents.

Environmental requirements and fisheries legislation must be followed during project implementation.

During the monitoring period, the investment must be used for its intended purpose for at least 5 years.

The application must be submitted via e-PRIA during the application round.

PRIA will make decisions within 30 working days from the application submission deadline.

Completed application form and project description.

Documents proving the registration of the vessel and the professional fishing license.

Investment budget and price quotes.