The Objective One Fisheries Task Force was set up to encourage the development of projects that will support the needs of the Fisheries sector within the Objective 1 programme for Cornwall and the Isles of Scilly. The members of the Task Force consist of fisheries regulators, port managers, fish merchants/processors agents and fishermen's representatives.

A strategy has been devised by the Task Force, which will help guide Objective One project applicants and appraisers, as well as help attract additional sources of funding for projects outside the scope of Objective One Fisheries Programme eligibility.

The mission of the Fisheries Task Force is "to ensure the long term economic viability and sustainability of the regions fishing industry and fishing communities and to increase the value of fish to Cornwall by 40%".

Within the strategy, the fishing industry has identified seven sectors, which require development and change over the next seven years (until 2010).

- Sustainability
- Training
- Information
- Marketing / Promotion
- Quality
- Infrastructure
- Tourism / Public Awareness

To meet the needs of the seven sectors above, the Fisheries Task Force has identified eight key projects, which will be taken forward over the next few years (until 2010). These are:
1. Commission an ocean recovery plan to identify the future     sustainability of all fish stocks in the fishing grounds used by the     regions vessels, the economic impact on Cornwall and to identify     future conservation measures (gear techniques / closed areas etc).
2. Provide a dedicated training advisor / co-ordinator for West Cornwall     and the Isles of Scilly.
3. Undertake a socio-economic analysis of the South West Fishing     Industry.
4. Develop a self-financing resource Centre.
5. Provide infrastructure improvements and new premises for fish     processing.
6. Develop a Seafood Cornwall quality scheme / kite mark.
7. Develop infrastructure projects identified by the Newlyn Regeneration     study.
8. Investigate and encourage the provision of a plant to process fish     waste.