New funding to boost innovative seaweed business
Funding of £600,000 further supports the sustainable development of Scotland’s Blue Economy.
Scottish Government funding of over £600,000 is set to trigger the expansion of an innovative seaweed company.
Mara Seaweed will use the funding to increase its processing facility and explore new markets.
Seaweed is considered a sustainable high-nutrition food source with a host of health benefits and they also have a positive impact on the atmosphere, taking up significant quantities of carbon dioxide every year.
The funding is being awarded through the £14 million Marine Fund Scotland and will allow Edinburgh-based Mara to expand its seaweed processing facility in Fife and increase its footprint in the global market place.
International demand for high-quality seaweed for use as a food source and health supplement is increasing and the funding will help Mara achieve its growth targets.
Announcing the funding, Rural Affairs Secretary, Mairi Gougeon recently said:
“This funding will support Mara Seaweed in furthering their commitment of creating more innovative and exciting products.
“I am delighted these sustainably-sourced quality products are attracting the attention of consumers in the national and international market.
“Our support to the marine sector remains a priority and we are currently seeking a multi-year increase for the lost EU funding.”
Latest News from
Offshore wind development18/01/2022 09:10:00
First Minister hails “truly historic” opportunity of ScotWind.
Placements help pandemic response17/01/2022 15:05:00
Around 12,000 students support healthcare delivery.
Wild Salmon Strategy Launch17/01/2022 09:05:00
Move to bring salmon population back from crisis point.
Staff joining social care to have fees waived14/01/2022 15:05:00
SSSC registration and PVG checks to be funded.
Handling of formal complaints14/01/2022 13:05:00
The Scottish Government’s updated procedure for handling formal complaints by civil servants about a Minister’s or former Minister’s behaviour has been published.