Successful projects from the European Fisheries Fund (EFF) include making vessels more fuel efficient, improving quality in the processing sector and trialling a New Zealand system of mussel farming, reports FishUpdate.
Following the recent announcement of £5.25 million to redevelop Peterhead harbour, today's announcement brings the total public investment for the Scottish industry for 2009 to more than £11 million.
Fisheries secretary Richard Lochhead told FishUpdate: 'Combined, our fishing, processing and aquaculture sectors are worth more than £1 billion to the Scottish economy, and in these difficult times it is vital that we ensure they have a sustainable and profitable future.
'I have been hugely impressed by the quality of application we received, and the level of innovation and business acumen on display.
'I am therefore very pleased to be able invest in the successful projects which will strengthen businesses and support our rural and coastal communities.
5.8 Million Boost for Scottish Fisheries
SCOTLAND, UK - Fifty projects which will create dozens of jobs and safeguard hundreds more in Scotland's fishing, processing and aquaculture sectors will benefit from grants totalling more than 5.8 million.