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 May 17. Organised by the European Commission, this is the first-ever, EU-wide matchmaking event between startups and investors in the blue economy*.
At the event, twenty companies selected from a list of 120 candidates pitched their businesses in front of a jury. The finalists were grouped into four pitching sessions: “Food from the Ocean”, “Energy Power from the Ocean”, “Green Solutions for a Blue Planet”, and “Digital Ocean”.
Marc Klaus was on a judging panel for “Energy Power from the Ocean”:
“It’s great to see the EU pushing blue growth and organising events such as ‘Blue Invest’ to mobilise all the key stakeholders – ranging from members of the innovation to the financial communities – to create the ecosystem for a sustainable blue economy across Europe. There are so many opportunities to boost the economic potential of the Baltic Sea region while protecting its marine resources!
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.
*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.