€5 MILLION IN BREXIT AID FOR MONAGHAN’S SILVER HILL FOODS

12 November 2021 No Comments by The Northern Standard

Ballybay’s Kepak also benefits from Capital Investment funding

€5 million in funding for North Monaghan’s Silver Hill Foods was announced on Tuesday as part of a Government package designed to assist companies in the meat and dairy sectors with development and diversification measures to counter the negative impact of Britain’s exit from the European Union. Keepak in Ballybay is to receive €916,919 from the Government’s “Capital Investment Scheme for the Processing and Marketing of Agricultural Products”.

Minister for Agriculture Charlie McConalogue TD said the €70 million funding package, to be split between 22 projects across the country, would help farmers and those working in food production to diversify their offering and attract new markets and customers, “making their business more resilient and sustainable into the long-term”. The fund will be administered by Enterprise Ireland.

Ballyjamesduff’s Liffey Meats gets €4.98 million, while Mc- Carren Meats of Drumavanagh, Co Cavan has been allocated €3,995,964. “This is a major investment in our agri-food industry which is the lifeblood of rural Ireland,” Tánaiste and Minister for Enterprise, Trade and Employment Leo Varadkar TD…

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