The European Commission in collaboration with the European Investment Fund (EIF) has allocated 500 million euros of funds for financial intermediaries investing in this sector. This was announced by EIF Commissioner Virginius Sinkevičius himself during the past BlueInvest Days 2022 in Brussels, last March.
Sinkevičius said “The first phase of the platform acted as an accelerator to foster innovation and investment in sustainable technologies for the blue economy. To further deepen and scale up these activities, we are now launching the second stage of BlueInvest. This will provide an even better service to European SMEs and investors, and more impact to support the European Green Deal objectives.“
BlueInvest is a platform and accelerator to foster innovation and investment in sustainable technologies for the blue economy. It provides investment readiness support and access to finance for early-stage businesses, SMEs and scale-ups. BlueInvest is enabled by the European Maritime, Fisheries and Aquaculture Fund.
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