Apply for Blue Economy

Blue Economy is a funding programme from the European Maritime and Fisheries Fund addressed to EU SMEs, either single companies or in a consortium.

The project’s scope must contribute towards a product or service in the blue economy and/or contribute to one or more EU political objectives. This is lower greenhouse gas emissions, circular economy, energy security, adaptation to climate change, inclusion of coastal communities, creation of high-value blue economy jobs, better protection, sustainable use of natural or cultural capital.

The funding programme helps innovative technologies and maritime services to improve their market readiness and advance towards market entry, facilitate scaling up business models and service concepts and contributes to de-risking investments in these projects. 

The funding being granted to SMEs is between €700,000 and €2,500,000 for their projects.