THE PROJECT AT A GLANCE

Duration

32

months

Budget

2.4

M€

Consortium

 members

4 clusters, 3 CF experts, 2 academia & 4 regions

Countries

Greece

Spain

Italy

Others

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.

LIST OF DELIVERABLES

focus

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

A series of 3 webinars on how to develop and run a successful crowdfunding campaign has recently been completed by the Cyprus Chamber of Commerce and Industry under the framework of the ‘Blue...

The University of Algarve through CRIA, the Entrepreneurship and Technology Transfer Division launches a public call for the selection of two projects in the blue growth sector in the Mediterranean...

The Cyprus Chamber of Commerce & Industry announced an open call for applications for funding the development and implementation of crowdfunding campaigns for a total of three (3) business ideas in...

Network

aims&goals

More details on our objectives here

Info

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