Grants supported under the Blue Economy Window Call for Proposals 2019 will address the challenge of developing and bringing to market new products, services, and business models for SMEs that could ultimately create profitable activities. This will be part of a new comprehensive service package offered by the ‘BlueInvest platform’ that supports investment readiness and access to finance for early-stage businesses, SMEs and scale-ups in the blue economy.
These grants will support projects that accelerate innovation in the blue economy, demonstrate high potential in terms of company competitiveness and growth underpinned by a strategic business plan and which aim to create and maintain high quality jobs in the blue economy. Projects need to involve in particular the sustainable use of marine resources for innovative and/or circular economic activities and contribute to healthy oceans and Europe’s ‘Green Deal’. They may include deploying, demonstrating, or scaling-up new solutions for the blue economy including technologies, service applications.
Relevant areas for the blue economy include:
- The blue bioeconomy — the cultivation, husbandry or capture of living material from fresh or saltwater and activities based on the use or processing of this material
- Digital transformation of ocean and coastal activities
- Renewable energy — including energy from wind, sun (floating), tide, wave and thermal gradients; logistic or supporting activities in that area are covered
- Enabling technologies such as sensors, corrosion or biofouling resistant materials or coating, digitisation, electricity transmission equipment, multi-purpose platforms
- Production of new products from living or non-living resources that would otherwise be wasted
- Cleaner shipping
- Pollution monitoring, clean-up or management
- New facilities that support the diversification or energy efficiency of ports
- Tourism which contributes to the protection or preservation of natural capital.
Applicants must be for-profit SMEs legally established in EU Member States.
Applications can be submitted by a consortium of partners or a single applicant. The consortium coordinator or the single applicant submitting the application must be established in an EU Member State.
The total budget for the call is €22,505,000.
The deadline for applications is 27 February 2019.
More information about this funding opportunity and the application process is available on the GRANTfinder funding information platform. GRANTfinder provides up-to-the minute content, insight and analysis on funding news and policy. To find out more about how GRANTfinder can keep you in the know, and subscription fees, contact us today.