Portugal’s Blue Economy

What public means of financing are available in this regard?

For accelerating this innovation effort, it is necessary a blended financial policy with national and international resources, with private and public resources. In Portugal we have available 600M€ for supporting science and innovation in the ocean economy, organized in three financial mechanisms:
• Mar 2020, that supports the development of fisheries and aquaculture
• Blue Fund, that supports the development of the sustainable ocean economy activities, and has the capacity for making co-finance agreements with public and private entities
• EEA Grants, that also supports the development of new R&D and innovation activities in the blue economy
We expect that these instruments help to starting-up a vibrant and prosperous blue economy, that generates inclusive wealth and jobs.