The Fund will invest across all sectors of the blue economy in Portugal. It targets start-ups, microenterprises and SMEs with significant innovation and growth potential. The Fund will focus around the value chains of the following preferred areas of investment such as aquaculture, given the centrality of the sector for the Portuguese economy; Blue bioeconomy, where start-ups are initiating the same path that tech start-ups entered into 10 years ago; Offshore energy, for example in the equipment building industry for wind energy floating technology or other sources of energy such as waves, tide or algae. Technologies that currently offers solutions applied to different sectors of the blue economy and that are accelerating the efficiency and competitiveness of such companies
InvestEU operation amount | n.a. |
Sector | Multi-sector |
Subsector | Blue economy, aquaculture, blue bioeconomy, offshore energy and applied technologies |
Policy window | Small and Medium Sized enterprises (SMEW) / Research, innovation and digitisation (RIDW) |
Approval by the Investment Committee | 8 June 2022 |
Links and documents
Available financing under this operation, see Access to EU Finance
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- Reference
- INVEU-ICR-0026-2022
- Project locations
- PortugalSpain
- Policy window
- Research, innovation and digitisation (RIDW)
- SMEs (SMEW)
- Eligible areas
- Environment
- SMEs and small mid-caps
- Sustainable bioeconomy
- Seas and oceans
- Implementing partner
- EIF