ShapeShapeauthorShapechevroncrossShapeShapeShapeGrouphamburgerhomeGroupmagnifyShapeShapeShaperssShape

Mara Seaweed secures £600,000 funding

The Fish Site
by The Fish Site
22 October 2021, at 11:47am

The Scottish Government has invested £600,000 in Mara Seaweed, in order to expand its processing capacity and reach new markets.

Fiona Houston, CEO of Mara Seaweed, was ahead of the curve in terms of developing a market for seaweed in the West - founding her company in 2011
Fiona Houston, CEO of Mara Seaweed, was ahead of the curve in terms of developing a market for seaweed in the West - founding her company in 2011

© Mara Seaweed

Seaweed is considered a sustainable high-nutrition food source with a host of health benefits and they also have a positive impact on the atmosphere, taking up significant quantities of carbon dioxide every year.

The funding is being awarded through the £14 million Marine Fund Scotland and will allow Edinburgh-based Mara to expand its seaweed processing facility in Fife and increase its footprint in the global marketplace.

International demand for high-quality seaweed for use as a food source and health supplement is increasing and the funding will help Mara achieve its growth targets.

Announcing the funding, Scotland’s rural affairs secretary, Mairi Gougeon, said: “This funding will support Mara Seaweed in furthering their commitment of creating more innovative and exciting products.

“I am delighted these sustainably-sourced quality products are attracting the attention of consumers in the national and international market.

“Our support to the marine sector remains a priority and we are currently seeking a multi-year increase for the lost EU funding.”