(04 February 2020) – The European Commission is partnering with the European Investment Bank Group (EIB), to launch BlueInvest, a €75 million equity investment fund for the blue economy.
This sector can play an important role in the transformation to a carbon-neutral economy by 2050, an ambition announced in the European Green Deal.
The blue economy includes economic activities related to oceans, seas and coasts. It ranges from companies in the marine environment to land-based businesses producing goods or services that contribute to the maritime economy.
The new fund is complemented by the BlueInvest platform, which supports investment readiness and access to finance for early-stage businesses, SMEs and scale-ups.