BLUE CROWDFUNDING - Capacity Building of BLUE Economy Stakeholders to Effectively use CROWDFUNDING

Blue economy innovation in Mediterranean could be significantly improved, if more investment funds would be available. One possible solution is use of crowdfunding (CF), but knowledge and capacities for CF are still low in MED area if compared to North EU. Project general objective is to improve innovation capacities in blue growth sector by mainstreaming use of crowdfunding.

Project ambition is to trigger change from using public funds for innovation to use crowdfunding and crowdsourcing to fund, test and validate innovative blue economy products and services. Consequently blue-economy SMEs will get better access to funding and will be able to deliver better and more innovative solutions.

The project will address the following blue economy sectors: blue energy, maritime safety, maritime transport, maritime tourism, fisheries and aquaculture.

Partner institutions: Institute for Comprehensive Development Solutions (eZAVOD), Slovenia (Lead Partner); Network of the Insular CCI of European Union (INSULEUR), Greece; Official Chamber of Commerce, Industry and Shipping of Seville (CCSEV), Spain; Crowdpolicy, Greece; GOTEO Foundation, Spain; University of Algarve (UAlg), Portugal; Cyprus Chamber of Commerce & Industry (CCCI), Cyprus; European Crowdfunding Network (ECN), Belgium; Council of Vlora Region, Albania; Campania Region, Italy; Marche Region - Fish Economy, Trade and Consumer Protection Unit, Italy; Faculty of Economics and Businesses, University of Rijeka (EFRI), Croatia; Region of Central Macedonia - Directorate of Innovation and Entrepreneurship Support (RCM), Greece.

CinTurs researcher(s): João Guerreiro (UAlg Coordinator)

Budget UAlg: 255.200€

Funding institution(s): ERDF by Interreg MED Programme

Period: 2019 - 2022

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