October 2, 2020 — Fisheries managers are close to being able to roll out relief for Virginia’s hard-hit fishing industries, although a small federal allocation to the commonwealth means payments aren’t likely to be large, Virginia Marine Resources Commission officials said Tuesday morning.
“Because there were so little funding and such great economic damage, the idea of the sort of trying to make sure you make up the loss for people was not an option on the table,” VMRC Deputy Commissioner Ellen Bolen said during a presentation to the commission. “We just did not have enough money.”
Virginia’s fisheries have been pummeled by the COVID-19 pandemic, particularly as restaurants, one of their primary customers, have shuttered or severely curtailed their business. Officials have estimated direct losses to the industry of at least $100 to $120 million, not accounting for trickle-down effects to associated business like boat-building.