Deadline: 22-Jul-25
The Marine Fund Scotland is one of the key mechanisms through which the Scottish Government is supporting the growth and sustainability of the country’s marine sectors. It plays a vital role in advancing Scotland’s Blue Economy Vision by enabling innovative, environmentally responsible projects across marine industries.
This fund is available to eligible individuals, businesses, organizations, and communities that are undertaking projects contributing to a sustainable and forward-thinking marine economy. Projects must align with the Scottish Ministers’ grant-making powers and the aims set out under relevant legislation.
A wide range of sectors may be considered for funding. This includes commercial and recreational fishing, aquaculture, seafood processing and marketing, and the broader seafood supply chain. Projects at ports and harbours, research and development initiatives, and efforts to innovate in marine and aquatic environments are also within scope.
Other eligible initiatives include environmental conservation projects, cooperative ventures, and community-led activities such as beach cleans, educational events, and awareness campaigns. Statutory bodies responsible for managing and protecting recreational salmon and sea trout fisheries may also apply.
In 2025, the fund awarded more than £14 million in grants, with individual grants reaching up to £1.7 million. Typically, the fund can cover up to 30% of the costs for business projects, with small and medium-sized enterprises (SMEs) eligible for up to 50% funding.
Both individuals and organizations can apply. To qualify, the proposed project must relate to Scotland, the Scottish marine zone, or Scottish fishing vessels. It must also fall within the scope of the Fisheries Act 2020, comply with the WTO Agreement on Fisheries Subsidies, and not fall under any disqualified funding categories.
Applicants must also meet several conditions: they must not have committed any serious infringements in the past 36 months, must be financially solvent, and must have adequate funding (including the requested grant, business capital, or loans) to fully complete the proposed project within the required timeframe.
For more information, visit Innovate UK.