Scottish Budget 2022 - 2023: Funding to deliver sustainable rural and island communities

Published on 9 December 2021, the Scottish Budget for 2022 to 2023 contains a sizable commitment to rural and island communities and businesses, which translates to more than £650 million of funding and support to be injected into the Scottish rural economy (including areas such as agriculture, fishing and seafood).  

Part of the aim behind the funding commitment, is the transformation of both agricultural and marine economies in an effort to meet the ambitious 2045 emissions reduction target.  From a marine economy perspective, and among a number of other key funding commitments, Marine Scotland is set to see an increase of almost £10 million.  

It has also been confirmed that the current Marine Fund Scotland (MFS), will see its funding continue at a level of £14.5 million.  The MFS is available to support a vast range of marine-related innovation and business, and you can read more about it here.