19/02/2004

Minister announces £2m food sector funding

Agriculture Minister, Ian Pearson has announced details of a £2 million EU award package for the Northern Ireland food processing sector.

The awards, totalling £2.46 million from EU funds and £0.35 million from national funds, assist nine projects submitted by applicants under the EU Agricultural Processing and Marketing Grant Scheme. The Scheme is designed to improve the economic performance and international competitiveness of the food processing sector.

Commenting on the awards, the Minister said: "I am very pleased to announce a third round of awards under the EU Agricultural Processing and Marketing Grant Scheme, which forms part of the Northern Ireland Programme for Building Sustainable Prosperity.

"The projects assessed continue to be of a high quality and the new investment will further enhance the competitiveness of these companies, increase value to what is produced in Northern Ireland and provide a lasting benefit to primary producers. In addition, the project applicants currently employ a cumulative total of 478 staff and these projects are estimated to create a further 55 new jobs."

The Minister also advised that the EU Agricultural Processing and Marketing Grant Scheme remains open for applications. A copy of the Scheme Brochure and the appropriate application form is available from the Supply Chain Development Branch on 028 9052 4499/4817.

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