Capacity Building of BLUE Economy Stakeholders to Effectively use CROWDFUNDING
Project in brief
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.
Duration
November 2019 – June 2022
Budget
Total project budget €2,112,691.00
EU Contribution €1,996,946.50
38, Grivas Dhigenis Ave. &3
Deligiorgis Str.
PO Box 21455, 1509 Nicosia
Tel: +357 22889800
Fax: +357 22669048
Email: chamber@ccci.org.cy
