Information on appropriations within Fisheries Experiments 2025

This year’s fisheries experiments have been restructured compared to previous years, with greater emphasis now being placed on commercial projects within research, development and innovation.

Fishing trials are now organized into two different subsidy schemes, where one million is allocated to smaller projects and a good three million to flagship projects.

Flagship projects

Flagship projects are commercial projects within research, development and innovation, including PhD projects.

Flagship projects are organized as a binding collaboration between a Faroese company and a Faroese research institution.

By 2025, the projects will be within the following priority areas:

• Value addition

• Everything on land

• Sustainable fishing

The application deadline for Flagship Projects was at the end of April. Six applications were received.

The final result of the revision in the Board of Fisheries Experiments is that it is recommended to support four flagship projects. Table 1 provides an overview of the appropriations.

Smaller projects

The deadline for applications for the smaller projects was 27 January 2025. 18 applications were received.

The final result of the revision in the Board of Fisheries Experiments is that it is recommended to support five projects, in addition to one further project being supported. Table 2 provides an overview of the appropriations.

Governor Jóhan Christiansen says: “The many and good applications this year are a sign that the Faroese industry prioritizes innovation and innovation, and I am pleased that Fiskivinnuroyndir can contribute to this. research institutions, and how this new approach will work.”