A Norwegian firm has secured funding to construct a pilot land-based salmon farm near Floro.
INC Gruppen, an industrial conglomerate, secured NOK 15 million (€1.6 million/$1.8 million) in funds from Norwegian innovation fund Innovasjon Norge for the project, and a remaining NOK 35 million (€3.6 million/$4.2 million) from shareholders in cooperation with Sparebanken.
If the group succeeds in its pilot, it plans on contructing a facility that can produce 10,000 metric tons.
