A small grants fund of £150,000 is available to support the fishing communities affected by the Wave Hub. This fund was set up to benefit the fishing communities in Hayle and St Ives. Also to some extent Newlyn, where fishing vessels can show that they fish in the waters around the Wave Hub.
The small grants fund sits alongside a £150,000 investment into the buying of fish quota. Together, a total of £300,000 is available for the Wave Hub Fisheries Mitigation Fund. This fufills the commitments made by the Wave Hub to establish a fishing mitigation fund.
The small grants fund is now open for applications to come forward.