THE PROJECT AT A GLANCE
Duration
32
months

Budget
2.4
M€

Consortium
4 clusters, 3 CF experts, 2 academia & 4 regions
Countries
The 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 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.

What is Crowdfunding ?
Crowdfunding is defined as the collecting of resources (funds, money, tangible goods, time) from the population at large through an Internet platform. In return for their contributions, the crowd can receive a number of tangibles or intangibles, which depend on the type of crowdfunding. Crowdfunding involves three participants: the crowd (or contributors); a crowdfunding platform; and the crowdfunding campaign creator.
-"Understanding Crowdfunding and its Regulations", G. A. Gabison 2015, p.10-
News
BLUE CROWDFUNDING
The Cyprus Chamber of Commerce and Industry...
BLUE CROWDFUNDING
The University of Algarve through CRIA is...
BLUE CROWDFUNDING
THE CYPRUS CHAMBER OF COMMERCE & INDUSTRY IS...
Events
02
BLUE CROWDFUNDING
The University of Algarve through the...
27
BLUE CROWDFUNDING
Third co-creation workshop for identifying...
26
BLUE CROWDFUNDING
The Cyprus Chamber of Commerce & Industry is...

Network

aims&goals
More details on our objectives here

Info
For any further information, do not hesitate to contact us !