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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 in MED area knowledge and capacities for CF are still low in comparison to North EU.

The BLUE CROWDFUNDING project aims to improve innovation capacities in blue growth sector by mainstreaming use of crowdfunding. Additional project’s 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.

Project value: €2,112,691.00
Total co-financing amounts: €1,996,946.50

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Co-funded by                   Interreg MED programme – European Regional Development Fund