Seafood Business Development and Innovation Measure

Presented By Tom Scanlon

Investment Services Manager (BIM)

OP Stakeholder Meeting 20th May 2014

Global Context

• Global Population Growth (8 billion by 2025)• Growing Middle Class (54% in Asia by 2020) • Growing Demand for Seafood

Challenge 1Expand Raw Material Base

Challenge 2 Adding Value To Raw Material

Addressing Challenges 1 & 2, Supporting Capital Investment

EMFF Article 72EFF Article 35

Addressing Challenges 1& 2 Supporting Value Adding Innovation

• EMFF Articles 28/29

Challenge 3Create Scale (Improve Profitability)

Challenge 3 Create Scale (Improve Profitability)

Addressing Challenge 3

• EMFF Article 71 & 72

• Support Route to Market Efficiencies and Through Co-opitition

Challenge 4Develop Industry Skills

EMFF Article 29

• Graduate Placement Programme

• NPD/ Business Development Graduates

• Leadership Programme

Challenge 5Accessing Finance