For our second episode of the season, we delve into the baffling, yet essential topic of finance. We wanted this episode to be as useful as possible for the industry, so we’ve reached out to gain practical, on-the-ground insight, and understand what fishermen can do to become financially secure and get businesses off the ground.
With various grants being announced for the industry, such as the MMO’s new Fisheries and Seafood Scheme (FSS), what are these pots of money for, and how can fishermen begin applying? Rob Poole works for Fishing Animateur - a team funded by The Seafarers' Charity, dedicated to helping the industry develop projects to secure grants - and is no better placed to answer these questions. We chat to Rob about all things funding.
Ever heard of credit unions? They’re different to high street banks in that they’re not-for-profit, and are member-owned and run, with no private shareholders. With this model, credit unions are able to develop and deliver the financial services that members really need. James Richards works for the Commsave credit union, who have been working closely with The Seafarers' Charity to develop services, especially for the fishing industry. Keen to find out more about how this inclusive, supportive cooperative can support your business? Tune in!
Being financially savvy can unlock a number of opportunities for industry members, and these practical, easy-to-understand discussions are a great place to start!