Race For The Baltic joined entrepreneurs, organisations and leading investors from across Europe looking to create sustainable economic growth from our seas and oceans at Blue Invest 2018, in Brussels on the 17 May 2018. Organised by the European Commission, this is the first-ever, EU-wide matchmaking event between startups and investors in the blue economy*.

Marc Klaus represented Race For The Baltic at an executive breakfast held before the event that was hosted by European Commission Vice-President Jyrki Katainen and European Commissioner for Environment, Maritime Affairs and Fisheries Karmenu Vella, responsible for Jobs, Growth, Investment and Competitiveness.

The discussions focused on how to create conditions for the public and private sector to seize opportunities in the sustainable blue economy and on how to support the scale-up of innovative businesses in the blue economy, especially in emerging and high-tech sectors.

blue-invest

Participants included representatives from the European Investment Bank, Nordic Investment Bank, Sky & Sky Innovation Fund, the European Business and Innovation Network and private equity firms, accelerators and innovation labs.

Race For The Baltic’s involvement in Blue Invest 2018 falls into our efforts to work with entrepreneurs and local governments to accelerate solutions that will reduce nutrient pollution and improve local waters in the Baltic Sea Region. For more information about these activities, please see Solutions Accelerator.

For more information about Blue Invest 2018, please see:

https://ec.europa.eu/maritimeaffairs/print/420548_en

 

*The blue economy represents every economic activity at sea or in coastal areas. It includes traditional sectors such as fisheries, aquaculture and tourism, as well as emerging businesses like ocean energy, desalination and biotechnology. As a whole, the sector is growing faster than the rest of the EU economy and it has the potential to double its size, supporting 7 million jobs and creating €1 trillion in turnover by 2030.