I thank the Deputy for this question. I send apologies on behalf of the Minister of State, Deputy Dooley, who is at the Atlantic Summit Galway event, participating in it with Commissioner Kadis, which is very important.
As the Deputy will be aware, the Minister of State has met with the NIFA. The Minister of State and I have engaged with other representatives of the inshore sector on several occasions throughout the year. We are very aware of the challenges facing the inshore fisheries sector.
Ireland’s €258 million Seafood Development Programme 2021-2027, which is co-funded by the Government and the EU Commission under the European Maritime, Fisheries and Aquaculture Fund, EMFAF, is the primary source of funding for the Irish commercial seafood sector, including the inshore sector. My Department has reviewed all funding mechanisms available, either through the seafood development programme or other state aid routes to ascertain if there was a possibility to introduce a financial stabilisation scheme for inshore fishermen. Ireland, as an EU member state, is required to comply with the state aid regulations. The European Commission oversees the application of state aid rules among member states. Failure to comply with state aid rules, such as a failure to provide notification to the European Commission or implementing the aid without approval, can result in the member state being required to recover any aid provided. These rules also provide for added interest to be applied.
As the managing authority for the EMFAF programme in Ireland, a range of projects and industry supports to the inshore sector are already provided by agencies of the Department under the programme. These include the seafood training scheme, seafood capacity building scheme, young fisher scheme and the small-scale coastal fisheries scheme. The seafood capacity building scheme and the seafood training scheme are open, with the small-scale coastal fisheries scheme due to reopen in mid-October 2026.
In addition to the above, a scheme specifically for the inshore fleet was implemented in 2024 and 2025 under the seafood development programme: the inshore fleet economic assessment scheme. I will go into more detail on what is to happen next in supplementaries.