- Sector
- Public
- Level of governance
- EU
- Country
- AustriaBelgiumBulgariaCroatiaCyprusCzechiaDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIrelandItalyLatviaLithuaniaLuxembourgMaltaNetherlandsPolandPortugalRomaniaSlovakiaSloveniaSpainSweden
- Lighthouse
- Atlantic and Arctic basinMediterranean Sea basinBaltic and North Sea basinDanube River basin
- Funding mechanisms
- Other
- Managing institutions
- European CommissionEuropean Investment BankEuropean Investment Fund
- Mission Objectives
- 1. Ecosystems and Biodiversity2. Pollution prevention and elimination3. Carbon Neutral and Circular Blue Economy
Description of the funding initiative
BlueInvest ‘aims to boost innovation and investment in sustainable technologies for the blue economy’ to deliver the EU’s Green Deal priorities by supporting readiness and access to finance for early-stage businesses, small and medium-sized enterprises (SMEs), scale-ups and mid-caps (mid-capitalisation). It is enabled by the European Maritime and Fisheries Fund and structured as a European Fund for Strategic Investments (EFSI). This is backed by more general funds from Ocean 14, Sofinnova Partners, Astanor Ventures and Sarsia.
Sectors that are covered by this are: aquaculture; blue biotechnology; blue renewable energy; blue tech and ocean observation; coastal and environmental protection and regeneration; coastal and maritime tourism; fisheries; ocean pollution and water management; ship building and refit; and, shipping and ports.
The BlueInvest platform also offers technical assistance through the “BlueInvest Readiness Assistance” and “BlueInvest Fundraising Assistance”. The purpose of the BlueInvest Readiness Assistance is to provide coaching packages tailored specifically to the readiness levels and business objectives of high potential EU start-ups and SMEs with innovative and sustainable products and solutions for the Blue Economy. On the other hand, the BlueInvest Fundraising Assistance will provide selected companies tailored 1-on-1 advisory services to identify and connect with relevant investors, bullet-proof their investment dossier and master their pitch.
Overview of eligibility requirements for applicants
Must be headquartered in the EU-27, as well as EU Neighbouring countries.
Active in one of the following sub-sectors of the sustainable blue economy: aquaculture; blue biotechnology; blue renewable energy; blue tech and ocean observation; coastal and environmental protection and regeneration; coastal and maritime tourism; fisheries; ocean pollution and water management; ship building and refit; shipping and ports; and other marine sectors.
Rules on co-financing
No information found.
Procedures to submit proposal
Registration to the BlueInvest Community Platform is required first.
- For project, start-up or SME: https://blueinvest-community.converve.io/register.php?params[cat]=1[sta…;
- For Mid-cap or large corporation: https://blueinvest-community.converve.io/register.php?params[cat]=6[sta…
New registrations will be validated by the BlueInvest Team and only validated profiles will have access to submit applications.
Once registered, applicants need to apply online. https://blueinvest-community.converve.io/index.php?page=ed_profile_othe…
Relevant websites
BlueInvest European Commission main page: https://maritime-forum.ec.europa.eu/en/frontpage/1451
BlueInvest community page: https://blueinvest-community.converve.io/index.html
Information on applying for finance from the BlueInvest Fund: https://maritime-forum.ec.europa.eu/en/node/4500
BlueInvest Funds FAQs: https://maritime-forum.ec.europa.eu/en/node/4847