This article is a summary of the BlueInvest Investor Report.
What is BlueInvest?
BlueInvest aims to boost innovation and investment in sustainable technologies for the blue economy, by supporting readiness and access to finance for early-stage businesses, SMEs and scale-ups.
BlueInvest is a European Commission initiative launched in 2019 with the aim to accelerate new ocean-based technologies and solutions to unlock innovation and investment opportunities in the sustainable blue economy. It is funded by the European Maritime, Fisheries and Aquaculture Fund (EMFAF).
Resource: https://oceans-and-fisheries.ec.europa.eu/ocean/blue-economy/blueinvest_en
What is in the BlueInvest Investor Report?
- Trends in Financing EU innovation
- How to view, consider, and make decisions into what you should invest in within the EU blue economy
- Highlighted investment opportunities as examples of key innovations and technologies
BlueInvest currently has a pipeline of investments in various Blue Economy sectors. This report gives an overview of the framework of the philosophy behind that and how that work is being done.
Scope of the report
- Within the EU
- Within 10 identified sectors of the Blue Economy, as seen below:
Here is a description of each of the key sectors:
How much money is needed to achieve SDG 14?
€147B Euros are needed yearly to finance SDG 14. Right now we are at €23B euros yearly.
The report gives information into several key players in Ocean Conservation.
The below infographic shows most of the names of VC firms that are investing into the blue economy:
BlueInvest has several functions:
- Funnel investments from the above investors into blue economy projects
- Directly invest public funds in blue economy projects
